Consideration of proposal for Commitment

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....e receipt of the said communication, revised Commitment Application. (3) When the Commitment Application complete in all respects is placed for consideration before the Commission under sub-regulation (1) above, the Commission may keep the inquiry against the Commitment Applicant in abeyance till final decision on the Commitment Application or till such time, as may be decided by the Commission. (4) While considering the commitments offered under the Commitment Application, the Commission shall invite objections and suggestions in terms of regulation 5. (5) After consideration of the nature, gravity and impact of the alleged contraventions, the commitments offered by the Commitment Applicant and the comments, objections, or suggest....

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...., it shall pass an order in terms of sub-section (3) of section 48B of the Act agreeing to the commitments offered subject to such other terms relating to manner of implementation and monitoring of commitment and close the proceedings against the Commitment Applicant forthwith. e) if the Commission after considering the revised Commitment Application filed under clause (c) of this sub-regulation (5) is not satisfied with the same, it shall by an order passed in terms of sub-section (5) of section 48B of the Act, reject the revised Commitment Application and proceed with its inquiry under section 26 of the Act. (6) In case the Commitment Applicant fails to submit the revised Commitment Application within the time period specified....

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....ent Applicant within the time specified by the Commission. (9) Notwithstanding the above provisions, a Commitment Application may also be rejected at any time on the following grounds: (a) Where the Commitment Applicant refuses to receive or respond to the communications sent by the Commission. (b) Where the Commitment Applicant violates in any manner or does not abide by the undertaking and waivers given as per Schedule-I. (10) The Commission shall before passing an order rejecting a Commitment Application under clause (b) and (e) of sub-regulation (5), sub-regulation (6) and sub-regulation (9) above, grant the Commitment Applicant an opportunity of being heard. (11) The rejection under this regulation shall be c....