https://www.taxtmi.com/notifications?id=141702 Regulations prescribe a procedure for enterprises facing an inquiry under section 26 to submit commitment applications offering measures to address alleged contraventions; they set application contents, timelines for filing and curing defects, application fees, requirements for a non-confidential summary, and mandated undertakings and waivers. The Commission places complete applications for consideration, invites comments and may keep inquiries in abeyance while evaluating commitments; acceptance yields a final binding commitment order that is not a finding of contravention, while revocation for non-compliance or nondisclosure can restore or initiate inquiries and attract legal costs. en-us Wed, 06 Mar 2024 00:00:00 +0530 Sun, 15 Sep 2024 18:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=141702 Regulations prescribe a procedure for enterprises facing an inquiry under section 26 to submit commitment applications offering measures to address alleged contraventions; they set application contents, timelines for filing and curing defects, application fees, requirements for a non-confidential summary, and mandated undertakings and waivers. The Commission places complete applications for consideration, invites comments and may keep inquiries in abeyance while evaluating commitments; acceptance yields a final binding commitment order that is not a finding of contravention, while revocation for non-compliance or nondisclosure can restore or initiate inquiries and attract legal costs. Notifications Law of Competition Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/notifications?id=141702