Recovery of penalty under Competition Act: failure to pay triggers recovery including attachment and sale of assets. A Recovery Certificate records that an enterprise or person has failed to pay a penalty imposed by the Commission and served by a demand notice, and, if payment is not made within 15 days of receipt of the certificate, the Commission may proceed to recover the amount under the Regulations, including attachment and sale of movable and immovable property of the defaulting party.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Recovery of penalty under Competition Act: failure to pay triggers recovery including attachment and sale of assets.
A Recovery Certificate records that an enterprise or person has failed to pay a penalty imposed by the Commission and served by a demand notice, and, if payment is not made within 15 days of receipt of the certificate, the Commission may proceed to recover the amount under the Regulations, including attachment and sale of movable and immovable property of the defaulting party.
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