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of <h1>New Regulations Detail Penalty Recovery Process for Competition Act 2002 Violations; Includes Payment Tracking and Extensions</h1> The Penalty Recovery Register under the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2025, outlines the process for documenting the recovery of monetary penalties imposed under the Competition Act, 2002. It includes entries for the name and address of the penalized entity, the date and section of the order, penalty details, and any extensions or installment arrangements. It also tracks stays or modifications by authorities or courts, issuance of demand notices, recovery certificates, and references to tax authorities. Additionally, it records payment dates, any refunds, and other relevant remarks.
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