Credit of penalty and legal cost receipts to the Consolidated Fund directs enforcement collections into public revenue under competition law. Section 47 requires that all amounts realised under the Competition Act by way of penalties and by way of recovery of legal costs by the Commission be credited to the Consolidated Fund of India, designating enforcement receipts and recovered costs as public revenue.
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.
Credit of penalty and legal cost receipts to the Consolidated Fund directs enforcement collections into public revenue under competition law.
Section 47 requires that all amounts realised under the Competition Act by way of penalties and by way of recovery of legal costs by the Commission be credited to the Consolidated Fund of India, designating enforcement receipts and recovered costs as public revenue.
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