Monetary penalty framework ties levy to average turnover or income, adjusted by aggravating and mitigating factors for deterrence. For enterprises under Section 27(b), the Commission begins with an amount up to thirty percent of the average relevant turnover or average income (generally over three preceding years), subject to the legal maximum, and adjusts that amount based on factors including nature and gravity of contravention, industry impact, duration and role, coercion, repetition, admissions, cooperation, voluntary cessation, and compliance programmes; audited financial statements or certified accounts support calculations, global turnover may be used if relevant turnover cannot be determined, and the Commission may further increase the penalty for deterrence within legal limits.
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.
Monetary penalty framework ties levy to average turnover or income, adjusted by aggravating and mitigating factors for deterrence.
For enterprises under Section 27(b), the Commission begins with an amount up to thirty percent of the average relevant turnover or average income (generally over three preceding years), subject to the legal maximum, and adjusts that amount based on factors including nature and gravity of contravention, industry impact, duration and role, coercion, repetition, admissions, cooperation, voluntary cessation, and compliance programmes; audited financial statements or certified accounts support calculations, global turnover may be used if relevant turnover cannot be determined, and the Commission may further increase the penalty for deterrence within legal limits.
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