https://www.taxtmi.com/acts?id=41681 Enterprises subject to inquiries for alleged anti-competitive conduct may apply for settlement in writing and pay a prescribed fee after receipt of the Director General's report but before an adjudicatory order; the Commission may accept settlements after considering the nature, gravity and impact of the contraventions and prescribe payment, implementation and monitoring terms. The Commission must invite objections from the applicant, the Director General and other parties; if a settlement is inappropriate or terms are not agreed in time, the Commission will reject the application and proceed with the inquiry. Settlement procedure is regulated, no appeal lies, and realised amounts are credited to the Consolidated Fund. en-us Mon, 24 Apr 2023 17:32:52 +0530 Tue, 12 Nov 2024 16:34:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41681 Enterprises subject to inquiries for alleged anti-competitive conduct may apply for settlement in writing and pay a prescribed fee after receipt of the Director General's report but before an adjudicatory order; the Commission may accept settlements after considering the nature, gravity and impact of the contraventions and prescribe payment, implementation and monitoring terms. The Commission must invite objections from the applicant, the Director General and other parties; if a settlement is inappropriate or terms are not agreed in time, the Commission will reject the application and proceed with the inquiry. Settlement procedure is regulated, no appeal lies, and realised amounts are credited to the Consolidated Fund. Act-Rules Law of Competition Mon, 24 Apr 2023 17:32:52 +0530 https://www.taxtmi.com/acts?id=41681