Recovery of monetary penalty procedures established under Competition Act framework, setting statutory recovery mechanism and commencement. Regulations prescribe the manner of recovery of monetary penalties under the Competition Act, invoking the Commission's statutory power to specify ... Summary
Recovery of monetary penalty procedures established under Competition Act framework, setting statutory recovery mechanism and commencement.
Regulations prescribe the manner of recovery of monetary penalties under the Competition Act, invoking the Commission's statutory power to specify recovery mechanisms; titled the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2025, they come into force upon publication in the Official Gazette and thereby establish procedural and administrative authority for penalty recovery.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.