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    <title>Procedure for imposition of penalty under the Act</title>
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    <description>Imposition of a penalty under Chapter VI requires issuance of a show cause notice and a reasonable opportunity to represent the case at an ordinary Commission meeting. Forwarding the investigation report or supplementary report, or issuing a show-cause notice under the investigatory regulation, is deemed to satisfy the show-cause requirement for persons proceeded against. Where the Commission decides to issue a show-cause notice, the Secretary shall serve a written notice requiring a written explanation within the stipulated period; the Commission will then decide on penalty imposition after considering the explanation and any oral hearing.</description>
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    <pubDate>Wed, 18 Sep 2024 13:25:55 +0530</pubDate>
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      <title>Procedure for imposition of penalty under the Act</title>
      <link>https://www.taxtmi.com/acts?id=44070</link>
      <description>Imposition of a penalty under Chapter VI requires issuance of a show cause notice and a reasonable opportunity to represent the case at an ordinary Commission meeting. Forwarding the investigation report or supplementary report, or issuing a show-cause notice under the investigatory regulation, is deemed to satisfy the show-cause requirement for persons proceeded against. Where the Commission decides to issue a show-cause notice, the Secretary shall serve a written notice requiring a written explanation within the stipulated period; the Commission will then decide on penalty imposition after considering the explanation and any oral hearing.</description>
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      <law>Law of Competition</law>
      <pubDate>Wed, 18 Sep 2024 13:25:55 +0530</pubDate>
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