Competition Act 2012

THE COMPETITION ACT, 2002
(12 OF 2003)
CONTENTS
Sections Page
CHAPTER I
PRELIMINARY
1. Short titles, extent and coenceent 1
!. "e#initions 1
CHAPTER II
PR$HI%ITI$N $& CERTAIN A'REEMENTS, A%(SE $&
"$MINANT P$SITI$N AN" RE'(LATI$N $& C$M%INATI$NS
Prohi)ition o# agreeents
*. Anti+co,etiti-e agreeents .
Prohi)ition o# a)/se o# doinant ,osition
0. A)/se o# doinant ,osition 1
Reg/lation o# co)inations
.. Co)ination 2
3. Reg/lation o# co)inations 14
CHAPTER III
C$MPETITI$N C$MMISSI$N $& IN"IA
1. Esta)lishent o# Coission 1!
2. Co,osition o# Coission 1!
5. Selection Coittee #or Chair,erson and Me)ers o# Coission 1*
14. Ter o# o##ice o# Chair,erson and other Me)ers 1*
11. Resignation, reo-al and s/s,ension o# Chair,erson 10
and other e)ers
1!. Restriction on e,lo6ent o# Chair,erson and other 10
Me)ers in certain cases
1*. Adinistrati-e ,o7ers o# Chair,erson 1.
10. Salar6 and allo7ances and other ters and conditions o# 1.
ser-ice o# Chair,erson and other Me)ers
1.. 8acanc6, etc. not to in-alidate ,roceedings o# Coission 1.
13. A,,ointent o# "irector 'eneral, etc. 13
i
11. A,,ointent o# Secretar6, ex,erts, ,ro#essionals and 11
o##icers and other e,lo6ees o# Coission
CHAPTER I8
"(TIES, P$9ERS AN" &(NCTI$NS $& C$MMISSI$N
12. "/ties o# Coission 12
15. In:/ir6 into certain agreeents and doinant ,osition o# enter,rise 12
!4. In:/ir6 into co)ination )6 coission !4
!1. Re#erence )6 stat/tor6 a/thorit6 !1
!1A. Re#erence )6 Coission !!
!!. Meetings o# Coission !!
!*. ;$itted )6 the Co,etition <Aendent= Act, !441> +++
!0. ;$itted )6 the Co,etition <Aendent= Act, !441> +++
!.. ;$itted )6 the Co,etition <Aendent= Act, !441> +++
!3. Proced/re #or in:/ir6 /nder section 15 !0
!1. $rders )6 Coission a#ter in:/ir6 onto agreeents or a)/se o# !.
doinant ,osition
!2. "i-ision o# enter,rise en?o6ing doinant ,osition !1
!5. Proced/re #or in-estigation o# co)ination !1
*4. Proced/re in case o# notice /nder s/)+section <!= o# section 3 !2
*1. $rders o# Coission on certain co)inations !5
*!. Acts ta@ing ,lace o/tside India )/t ha-ing an e##ect on *4
co,etition in India
**. Po7er to iss/e interi orders *1
*0. ;$itted )6 Co,etition <Aendent= Act, !441> ++
*.. A,,earance )e#ore Coission *!
*3. Po7er o# Coission to reg/late its o7n ,roced/re **
*1. ;$itted )6 Co,etition <Aendent= Act, !441> ++
*2. Recti#ication o# orders *.
*5. Exec/tion o# orders o# Coission i,osing onetar6 ,enalt6 *.
04. ;$itted )6 Co,etition <Aendent= Act, !441> ++
CHAPTER 8
"(TIES $& "IRECT$R 'ENERAL
01 "irector 'eneral to in-estigate contra-ention *1
ii
CHAPTER 8I
PENALTIES
0!. Contra-ention o# orders o# Coission *2
0!A. Co,ensation in case o# contra-ention o# orders o# Coission *2
0*. Penalt6 #or #ail/re to co,l6 7ith directions o# Coission *5
and "irector 'eneral
0*A. Po7er to i,ose ,enalt6 #or non+#/rnishing o# in#oration *5
on co)inations
00. Penalt6 #or a@ing #alse stateent or oission to #/rnish *5
aterial in#oration
0.. Penalt6 #or o##ence in relation to #/rnishing o# in#oration 04
03. Po7er to i,ose lesser ,enalt6 04
01. Crediting s/s realised )6 7a6 o# ,enalties to Consolidated 01
&/nd o# India
02. Contra-ention )6 co,anies 01
CHAPTER 8II
C$MPETITI$N A"8$CACY
05. Co,etition ad-ocac6 0!
CHAPTER 8III
&INANCE, ACC$(NTS AN" A("IT
.4. 'rants )6 Central 'o-ernent 0*
.1. Constit/tion o# &/nd 0*
.!. Acco/nts and A/dit 0*
.*. &/rnishing o# ret/rns, etc. to Central 'o-ernent 00
CHAPTER 8IIIA
C$MPETITI$N APPELLATE TRI%(NAL
.*A. Esta)lishents o# A,,ellate Tri)/nal 0.
.*%. A,,eal to A,,ellate Tri)/nal 0.
.*C. Co,osition o# a,,ellate Tri)/nal 03
.*". A/ali#ications #or a,,ointent o# Chair,erson and Me)ers 03
o# A,,ellate Tri)/nal
.*E. Selection Coittee 03
iii
.*&. Ter o# o##ice o# Chair,erson and Me)ers o# a,,ellate Tri)/nal 03
.*'. Ters and conditions o# ser-ice o# chair,erson and Me)ers 01
o# a,,ellate Tri)/nal
.*H. 8acancies 01
.*I. Resignation o# Chair,erson and Me)ers o# A,,ellate Tri)/nal 01
.*B. Me)er o# A,,ellate Tri)/nal to act as its Chair,erson in certain cases 01
.*C. Reo-al and s/s,ension o# Chair,erson and Me)ers o# 02
A,,ellate Tri)/nal
.*L. Restriction on e,lo6ent o# Chair,erson and other Me)ers 02
o# A,,ellate Tri)/nal in certain cases
.*M. Sta## o# a,,ellate Tri)/nal 02
.*N. A7arding co,ensation 05
.*$. Proced/res and ,o7ers o# A,,ellate Tri)/nal .4
.*P. Exec/tion o# orders o# A,,ellate Tri)/nal .1
.*A. Contra-ention o# orders o# A,,ellate Tri)/nal .1
.*R. 8acanc6 in A,,ellate Tri)/nal not to in-alidate acts or ,roceedings .1
.*S. Right to legal re,resentation .1
.*.T. A,,eal to S/,ree Co/rt .!
.*(. Po7er to P/nish #or conte,t .!
CHAPTER ID
MISCELLANE$(S
.0. Po7er to exe,t .*
... Po7er o# Central 'o-ernent to iss/e directions .*
.3. Po7er o# Central go-ernent to s/,ersede Coission .*
.1. Restriction on disclos/re o# in#oration .0
.2. Chair,erson, Me)ers, "irector 'eneral, Secretar6, ..
o##icers and other e,lo6ees, etc., to )e ,/)lic ser-ants.
.5. Protection o# action ta@en in good #aith ..
34. Act to ha-e o-erriding e##ect ..
31. Excl/sion o# ?/risdiction o# ci-il co/rts ..
3!. A,,lication o# other la7s not )arred .3
3*. Po7er to a@e r/les .3
30. Po7er to a@e reg/lations .2
3.. Po7er to reo-e di##ic/lties .5
33. Re,eal and sa-ing .5
i-
THE COMPETITION ACT, 2002
1
No. 12 OF 2003
;1*th Ban/ar6, !44*.>
An Act to ,ro-ide, @ee,ing in -ie7 o# the econoic de-elo,ent o# the co/ntr6, #or the
esta)lishent o# a Coission to ,re-ent ,ractices ha-ing ad-erse e##ect on
co,etition, to ,roote and s/stain co,etition in ar@ets, to ,rotect the inter+ests
o# cons/ers and to ens/re #reedo o# trade carried on )6 other ,artici,ants in
ar@ets, in India, and #or atters connected there7ith or incidental thereto.
%E it enacted )6 Parliaent in the &i#t6+third Year o# the Re,/)lic o# India as #ollo7sE
F
CHAPTER I
PRELIMINARY
Short title, ete!t "!# $o%%e!$e%e!t
1. <1= This Act a6 )e called the Co,etition Act, !44!.
(2) It extends to the 7hole o# India exce,t the State o# Ba/ and Cashir.
<*= It shall coe into #orce on s/ch date as the Central 'o-ernent a6, )6
noti#ication in the $##icial 'aGette, a,,ointE
Pro-ided that di##erent dates a6 )e a,,ointed #or di##erent ,ro-isions o# this
Act and an6 re#erence in an6 s/ch ,ro-ision to the coenceent o# this
Act shall )e constr/ed as a re#erence to the coing into #orce o# that
,ro-ision.
&e'i!itio!(
2. In this Act, /nless the context other7ise re:/ires,F
(1) Hac:/isitionI eans, directl6 or indirectl6, ac:/iring or agreeing to ac:/ireF
(1) shares, -oting rights or assets o# an6 enter,riseJ or
(2) control o-er anageent or control o-er assets o# an6 enter,riseJ
(2) HagreeentI incl/des an6 arrangeent or /nderstanding or action in
concert,F
<i= 7hether or not, s/ch arrangeent, /nderstanding or action is #oral or
in 7ritingJ or
(2) 7hether or not s/ch arrangeent, /nderstanding or action is intended
to )e en#orcea)le )6 legal ,roceedingsJ
!
;<)a=HA,,ellate Tri)/nalI eans the Co,etition A,,ellate Tri)/nal esta)lished
/nder s/)+section <1= o# Section .*AI>
1
The #ollo7ing Act o# Parliaent recei-ed the assent o# the President on the 1*th Ban/ar6, !44*
2 Ins. )6 Co,etition <Aendent= Act, !441
<1
=
(3) HcartelI incl/des an association o# ,rod/cers, sellers, distri)/tors, traders or
ser-ice ,ro-iders 7ho, )6 agreeent aongst thesel-es, liit, control
or atte,t to control the ,rod/ction, distri)/tion, sale or ,rice o#, or, trade in
goods or ,ro-ision o# ser-icesJ
(4) HChair,ersonI eans the Chair,erson o# the Coission a,,ointed /nder
s/)+section <1= o# section 2J
(5) HCoissionI eans the Co,etition Coission o# India esta)lished
/nder s/)+section<1= o# section 1J
(6) Hcons/erI eans an6 ,erson 7hoF
(9) )/6s an6 goods #or a consideration 7hich has )een ,aid or
,roised or ,artl6 ,aid and ,artl6 ,roised, or /nder an6 s6ste o#
de#erred ,a6ent and incl/des an6 /ser o# s/ch goods other than
the ,erson 7ho )/6s s/ch goods #or consideration ,aid
,roised or ,artl6 ,aid or ,artl6 ,roised, or /nder an6 s6ste
o# de#erred ,a6ent 7hen s/ch /se is ade 7ith the a,,ro-al o#
s/ch ,erson, 7hether s/ch ,/rchase o# goods is #or resale or #or an6
coercial ,/r,ose or #or ,ersonal /seJ
(2) hires or a-ails o# an6 ser-ices #or a consideration 7hich has )een ,aid
or ,roised or ,artl6 ,aid and ,artl6 ,roised, or /nder an6
s6ste o# de#erred ,a6ent and incl/des an6 )ene#iciar6 o# s/ch
ser-ices other than the ,erson 7ho hires or a-ails o# the ser-ices
#or consideration ,aid or ,roised, or ,artl6 ,aid and ,artl6
,roised, or /nder an6 s6ste o# de#erred ,a6ent, 7hen s/ch
ser-ices are a-ailed o# 7ith the a,,ro-al o# the #irst+entioned
,erson 7hether s/ch hiring or a-ailing o# ser-ices is #or an6
coercial ,/r,ose or #or ,ersonal /seJ
<g= H"irector 'eneralI eans the "irector 'eneral a,,ointed /nder
s/)+ section <1= o# section 13 and incl/des an6 Additional, Boint, "e,/t6
or Assistant "irectors 'eneral a,,ointed /nder that sectionJ
<h= Henter,riseI eans a ,erson or a de,artent o# the 'o-ernent,
7ho or 7hich is, or has )een, engaged in an6 acti-it6, relating to the ,rod/c+
tion, storage, s/,,l6, distri)/tion, ac:/isition or control o# articles or goods,
or the ,ro-ision o# ser-ices, o# an6 @ind, or in in-estent, or in the )/siness
o# ac:/iring, holding, /nder7riting or dealing 7ith shares, de)ent/res or
other sec/rities o# an6 other )od6 cor,orate, either directl6 or thro/gh one
or ore o# its /nits or di-isions or s/)sidiaries, 7hether s/ch /nit or
di-ision or s/)sidiar6 is located at the sae ,lace 7here the enter,rise is
located or at a di##erent ,lace or at di##erent ,laces, )/t does not incl/de an6
acti-it6 o# the 'o-ernent relata)le to the so-ereign #/nctions o# the 'o-+
ernent incl/ding all acti-ities carried on )6 the de,artents o# the Central
'o-ernent dealing 7ith atoic energ6, c/rrenc6, de#ence and s,ace.
<!
=
Ex,lanation.+&or the ,/r,oses o# this cla/se,F
(1) Hacti-it6I incl/des ,ro#ession or occ/,ationJ
<)= HarticleI incl/des a ne7 article and Hser-iceI incl/des a ne7
ser-iceJ <c=H/nitI or Hdi-isionI, in relation to an enter,rise, incl/des
(1) a ,lant or #actor6 esta)lished #or the ,rod/ction, storage, s/,,l6,
distri)/tion, ac:/isition or control o# an6 article or goodsJ
<ii= an6 )ranch or o##ice esta)lished #or the ,ro-ision o# an6 ser-iceJ
(1) HgoodsI eans goods as de#ined in the Sale o# 'oods Act, 15*4 <* o# 15*4=
and incl/desF
(1) ,rod/cts an/#act/red, ,rocessed or inedJ <%=de)ent/res,
stoc@s and shares a#ter allotentJ
<C= in relation to goods s/,,lied, distri)/ted or controlled in India,
goods i,orted into IndiaJ
<?= HMe)erI eans a Me)er o# the Coission a,,ointed /nder
s/)+ section <K= o# section 2 and incl/des the Chair,ersonJ
<@= Hnoti#icationI eans a noti#ication ,/)lished in the $##icial 'aGetteJ <l=
H,ersonI incl/desF
(1) an indi-id/alJ
<ii= a Hind/ /ndi-ided #ail6J <iii= a co,an6J
(4) a #irJ
(5) an association o# ,ersons or a )od6 o# indi-id/als, 7hether
incor,orated or not, in India or o/tside IndiaJ or
<-i= an6 cor,oration esta)lished )6 or /nder an6 Central, State or Pro-incial
Act or a 'o-ernent co,an6 as de#ined in section 311 o#
the Co,anies Act, 15.3 <1 o# 15.3=J
(7) an6 )od6 cor,orate incor,orated )6 or /nder the la7s o# a
co/ntr6 o/tside IndiaJ
(8) a co+o,erati-e societ6 registered /nder an6 la7 relating to
coo,erati-e societiesJ
(9) a local a/thorit6J
(10) e-er6 arti#icial ?/ridical ,erson, not #alling 7ithin an6 o# the
,receding s/)+cla/sesJ
<= H,racticeI incl/des an6 ,ractice relating to the carr6ing on o# an6 trade )6 a
,erson or an enter,riseJ
(14) H,rescri)edI eans ,rescri)ed )6 r/les ade /nder this ActJ
(15) H,riceI, in relation to the sale o# an6 goods or to the ,er#orance o#
an6 ser-ices, incl/des e-er6 -al/a)le consideration, 7hether direct or
indirect, or de#erred, and incl/des an6 consideration 7hich in e##ect relates to
the sale o# an6 goods or to the ,er#orance o# an6 ser-ices altho/gh
ostensi)l6 relating to an6 other atter or thingJ
(16) H,/)lic #inancial instit/tionI eans a ,/)lic #inancial instit/tion
s,eci#ied /nder section 0A o# the Co,anies Act, 15.3 <1 o# 15.3= and
incl/des a
<*=
State &inancial, Ind/strial or In-estent Cor,orationJ
(17) Hreg/lationsI eans the reg/lations ade )6 the Coission /nder
section 30J
(18) Hrele-ant ar@etI eans the ar@et 7hich a6 )e deterined )6 the
Coission 7ith re#erence to the rele-ant ,rod/ct ar@et or the rele-ant
geogra,hic ar@et or 7ith re#erence to )oth the ar@etsJ
<s= Hrele-ant geogra,hic ar@etI eans a ar@et co,rising the area
in 7hich the conditions o# co,etition #or s/,,l6 o# goods or ,ro-ision o#
ser-ices or deand o# goods or ser-ices are distinctl6 hoogeno/s and
can )e disting/ished #ro the conditions ,re-ailing in the neigh)o/ring
areasJ
<t= Hrele-ant ,rod/ct ar@etI eans a ar@et co,rising all those ,rod/cts
or ser-ices 7hich are regarded as interchangea)le or s/)stit/ta)le )6 the
cons/er, )6 reason o# characteristics o# the ,rod/cts or ser-ices, their
,rices and intended /seJ
(21) Hser-iceI eans ser-ice o# an6 descri,tion 7hich is ade a-aila)le to
,otential /sers and incl/des the ,ro-ision o# ser-ices in connection 7ith
)/siness o# an6 ind/strial or coercial atters s/ch as )an@ing,
co/nication, ed/cation, #inancing, ins/rance, chit #/nds, real estate,
trans,ort, storage, aterial treatent, ,rocessing, s/,,l6 o# electrical or
other energ6, )oarding, lodging, entertainent, a/seent, constr/ction,
re,air, con-e6ing o# ne7s or in#oration and ad-ertisingJ
<-= HsharesI eans shares in the share ca,ital o# a co,an6 carr6ing
-oting rights and incl/desF
<i= an6 sec/rit6 7hich entitles the holder to recei-e shares 7ith
-oting rightsJ
(35) stoc@ exce,t 7here a distinction )et7een stoc@ and share is
ex,ressed or i,liedJ
(23) Hstat/tor6 a/thorit6I eans an6 a/thorit6, )oard, cor,oration, co/ncil,
instit/te, /ni-ersit6 or an6 other )od6 cor,orate, esta)lished )6 or /nder an6
Central, State or Pro-incial Act #or the ,/r,oses o# reg/lating ,rod/ction or
s/,,l6 o# goods or ,ro-ision o# an6 ser-ices or ar@ets there#or or an6
atter connected there7ith or incidental theretoJ
(24) HtradeI eans an6 trade, )/siness, ind/str6, ,ro#ession or occ/,ation
relating to the ,rod/ction, s/,,l6, distri)/tion, storage or control o# goods
and incl/des the ,ro-ision o# an6 ser-icesJ
(25) Ht/rno-erI incl/des -al/e o# sale o# goods or ser-icesJ
(26) 7ords and ex,ressions /sed )/t not de#ined in this Act and de#ined in
the Co,anies Act, 15.3 <1 o# 15.3= shall ha-e the sae eanings
res,ecti-el6 assigned to the in that Act.
<0
=
CHAPTER II
PROHI)ITION OF CERTAIN A*REEMENTS, A)+SE OF &OMINANT
POSITION AN& RE*+LATION OF COM)INATIONS
Prohi,itio! o' "-ree%e!t(
A!ti.$o%/etiti0e "-ree%e!t(
3. <1= No enter,rise or association o# enter,rises or ,erson or association o# ,ersons
shall enter into an6 agreeent in res,ect o# ,rod/ction, s/,,l6, distri)/tion,
storage, ac:/isition or control o# goods or ,ro-ision o# ser-ices, 7hich
ca/ses or is li@el6 to ca/se an a,,recia)le ad-erse e##ect on co,etition
7ithin India.
(2) An6 agreeent entered into in contra-ention o# the ,ro-isions contained in
s/)section <1= shall )e -oid.
(3) An6 agreeent entered into )et7een enter,rises or associations o#
enter,rises or ,ersons or associations o# ,ersons or )et7een an6 ,erson
and enter,rise or ,ractice carried on, or decision ta@en )6, an6 association
o# enter,rises or association o# ,ersons, incl/ding cartels, engaged in identi+
cal or siilar trade o# goods or ,ro-ision o# ser-ices, 7hichF
(1) directl6 or indirectl6 deterines ,/rchase or sale ,ricesJ
(2) liits or controls ,rod/ction, s/,,l6, ar@ets, technical de-elo,ent,
in-estent or ,ro-ision o# ser-icesJ
(3) shares the ar@et or so/rce o# ,rod/ction or ,ro-ision o# ser-ices )6
7a6 o# allocation o# geogra,hical area o# ar@et, or t6,e o# goods or
ser-ices, or n/)er o# c/stoers in the ar@et or an6 other siilar
7a6J
<d= directl6 or indirectl6 res/lts in )id rigging or coll/si-e )idding,
shall )e ,res/ed to ha-e an a,,recia)le ad-erse e##ect on co,eti+
tionE
Pro-ided that nothing contained in this s/)+section shall a,,l6 to an6
agreeent entered into )6 7a6 o# ?oint -ent/res i# s/ch agreeent
increases e##icienc6 in ,rod/ction, s/,,l6, distri)/tion, storage,
ac:/isition or control o# goods or ,ro-ision o# ser-ices.
Ex,lanation.F&or the ,/r,oses o# this s/)+section, H)id riggingI eans an6 agree+
ent, )et7een enter,rises or ,ersons re#erred to in s/)+section <*= engaged in
identical or siilar ,rod/ction or trading o# goods or ,ro-ision o# ser-ices, 7hich has
the e##ect o# eliinating or red/cing co,etition #or )ids or ad-ersel6 a##ecting or
ani,/lating the ,rocess #or )idding
(4) An6 agreeent aongst enter,rises or ,ersons at di##erent stages or le-els
o# the ,rod/ction chain in di##erent ar@ets, in res,ect o# ,rod/ction,
s/,,l6, distri)/tion, storage, sale or ,rice o#, or trade in goods or ,ro-ision
o# ser-ices, incl/dingF
<.=
(1) tie+in arrangeentJ
(2) excl/si-e s/,,l6 agreeentJ
(3) excl/si-e distri)/tion agreeentJ
(4) re#/sal to dealJ
(5) resale ,rice aintenance,
shall )e an agreeent in contra-ention o# s/)+section <1= i# s/ch agreeent ca/ses
or is li@el6 to ca/se an a,,recia)le ad-erse e##ect on co,etition in India.
Ex,lanation.F&or the ,/r,oses o# this s/)+section,F
(1) Htie+in arrangeentI incl/des an6 agreeent re:/iring a ,/rchaser o# goods,
as a condition o# s/ch ,/rchase, to ,/rchase soe other goodsJ
(2) Hexcl/si-e s/,,l6 agreeentI incl/des an6 agreeent restricting in an6
anner the ,/rchaser in the co/rse o# his trade #ro ac:/iring or other7ise
dealing in an6 goods other than those o# the seller or an6 other ,ersonJ
(3) Hexcl/si-e distri)/tion agreeentI incl/des an6 agreeent to liit, restrict or
7ithhold the o/t,/t or s/,,l6 o# an6 goods or allocate an6 area or ar@et #or
the dis,osal or sale o# the goodsJ
(4) Hre#/sal to dealI incl/des an6 agreeent 7hich restricts, or is li@el6 to
restrict, )6 an6 ethod the ,ersons or classes o# ,ersons to 7ho goods
are sold or #ro 7ho goods are )o/ghtJ
(5) Hresale ,rice aintenanceI incl/des an6 agreeent to sell goods on
condition that the ,rices to )e charged on the resale )6 the ,/rchaser
shall )e the ,rices sti,/lated )6 the seller /nless it is clearl6 stated that
,rices lo7er than those ,rices a6 )e charged.
<.= Nothing contained in this section shall restrictF
(1) the right o# an6 ,erson to restrain an6 in#ringeent o#, or to i,ose
reasona)le conditions, as a6 )e necessar6 #or ,rotecting an6 o# his rights
7hich ha-e )een or a6 )e con#erred /,on hi /nderF
(1) the Co,6right Act, 15.1 <10 o# 15.1=J
(2) the Patents Act, 1514 <*5 o# 1514=J
(3) the Trade and Merchandise Mar@s Act, 15.2 <0* o# 15.2= or the
Trade Mar@s Act, 1555 <01 o# 1555=J
(4) the 'eogra,hical Indications o# 'oods <Registration and Protection=
Act, 1555 <02 o# 1555=J <e= the "esigns Act, !444 <13 o# !444=J
<#= the Sei+cond/ctor Integrated Circ/its La6o/t+"esign Act, !444 <*1
o# !444=J
<ii= the right o# an6 ,erson to ex,ort goods #ro India to the extent to 7hich
the agreeent relates excl/si-el6 to the ,rod/ction, s/,,l6, distri)/tion or
control o# goods or ,ro-ision o# ser-ices #or s/ch ex,ort.
<3=
Prohi,itio! o' ",1(e o' #o%i!"!t /o(itio!
A,1(e o' #o%i!"!t /o(itio!
0.
*
;<1= No enter,rise or gro/, shall a)/se its doinant ,osition.>
<!= There shall )e an a)/se o# doinant ,osition
0
;/nder s/)+section <1=,
i# an enter,rise or a gro/,>.F+
(1) directl6 or indirectl6, i,oses /n#air or discriinator6F
(1) condition in ,/rchase or sale o# goods or ser-iceJ or
(2) ,rice in ,/rchase or sale <incl/ding ,redator6 ,rice= o# goods or ser-ice.
Ex,lanation.F &or the ,/r,oses o# this cla/se, the /n#air or discriinator6 con+dition
in ,/rchase or sale o# goods or ser-ice re#erred to in s/)+cla/se <i= and /n#air or
discriinator6 ,rice in ,/rchase or sale o# goods <incl/ding ,redator6 ,rice= or ser-ice
re#erred to in s/)+cla/se <ii= shall not incl/de s/ch discriinator6 condition or ,rice
7hich a6 )e ado,ted to eet the co,etitionJ or
(2) liits or restrictsF
(1) ,rod/ction o# goods or ,ro-ision o# ser-ices or ar@et there #or or
(2) technical or scienti#ic de-elo,ent relating to goods or ser-ices to the
,re?/dice o# cons/ersJ or
<c= ind/lges in ,ractice or ,ractices res/lting in denial o# ar@et access
.
;in an6
anner>J or
(4) a@es concl/sion o# contracts s/)?ect to acce,tance )6 other ,arties o#
s/,,leentar6 o)ligations 7hich, )6 their nat/re or according to coercial
/sage, ha-e no connection 7ith the s/)?ect o# s/ch contractsJ or
(5) /ses its doinant ,osition in one rele-ant ar@et to enter into, or ,rotect,
other rele-ant ar@et.
Ex,lanation.F&or the ,/r,oses o# this section, the ex,ressionF
(1) Hdoinant ,ositionI eans a ,osition o# strength, en?o6ed )6 an enter,rise,
in the rele-ant ar@et, in India, 7hich ena)les it toF
<i= o,erate inde,endentl6 o# co,etiti-e #orces ,re-ailing in the rele-ant
ar@etJ or
(35) a##ect its co,etitors or cons/ers or the rele-ant ar@et in its
#a-o/r.
(2) H,redator6 ,riceI eans the sale o# goods or ,ro-ision o# ser-ices, at a.
,rice 7hich is )elo7 the cost, as a6 )e deterined )6 reg/lations, o#
,rod/ction o# the goods or ,ro-ision o# ser-ices, 7ith a -ie7 to red/ce co+
,etition or eliinate the co,etitors.
doinant ,osition.I
0
S/)s. )6 Co,etition <Aendent= Act, !441 #or H/nder s/)+section <1=, i# an enter,riseI
<1
=
3
;<c=Hgro/,I shall ha-e the sae eaning as assigned to it in cla/se <)= o# the
Ex,lanation to section ..>
Re-1l"tio! o' $o%,i!"tio!(
Co%,i!"tio!
.. The ac:/isition o# one or ore enter,rises )6 one or ore ,ersons or erger
or aalgaation o# enter,rises shall )e a co)ination o# s/ch enter,rises
and ,ersons or enter,rises, i#F
<a= an6 ac:/isition 7hereF
(1) the ,arties to the ac:/isition, )eing the ac:/irer and the enter,rise, 7hose
control, shares, -oting rights or assets ha-e )een ac:/ired or are )eing
ac:/ired ?ointl6 ha-e,F
(1) either, in India, the assets o# the -al/e o# ore than r/,ees one
tho/sand crores or t/rno-er ore than r/,ees three tho/sand croresJ
or
(2)
1
;in India or o/tside India, in aggregate, the assets o# the -al/e o# ore
than #i-e h/ndred illion (S dollars, incl/ding at least r/,ees #i-e
h/ndred crores in India, or t/rno-er ore than #i#teen h/ndred illion
(S dollars, incl/ding at least r/,ees #i#teen h/ndred crores in
IndiaJ or>
(2) the gro/,, to 7hich the enter,rise 7hose control, shares, assets or
-oting rights ha-e )een ac:/ired or are )eing ac:/ired, 7o/ld )elong a#ter
the ac:/isition, ?ointl6 ha-e or 7o/ld ?ointl6 ha-e,F
(1) either in India, the assets o# the -al/e o# ore than r/,ees #o/r tho/
sand crores or t/rno-er ore than r/,ees t7el-e tho/sand croresJ or
(2)
2
;in India or o/tside India, in aggregate, the assets o# the -al/e o# ore
than t7o )illion (S dollars, incl/ding at least r/,ees #i-e h/ndred crores
in India, or t/rno-er ore than six )illion (S dollars, incl/ding at least
r/,ees #i#teen h/ndred crores in IndiaJ or>
(2) ac:/iring o# control )6 a ,erson o-er an enter,rise 7hen s/ch ,erson has
alread6 direct or indirect control o-er another enter,rise engaged in
,rod/ction, distri)/tion or trading o# a siilar or identical or s/)stit/ta)le
goods or ,ro-ision o# a siilar or identical or s/)stit/ta)le ser-ice, i#F
3
Ins. )6 Co,etition <Aendent= Act, !441
1
S/)s. )6 Co,etition <Aendent= Act, !441 #orE
H in India or o/tside India, in aggregate, the assets o# the -al/e o# ore than #i-e
h/ndred illion (S dollars or t/rno-er ore than #i#teen h/ndred illion (S dollarsJ orI
2
H in India or o/tside India, in aggregate, the assets o# the -al/e o# ore than t7o )illion
(S dollars or t/rno-er ore than six )illion (S dollarsJ orI
<2
=
(1) the enter,rise o-er 7hich control has )een ac:/ired along 7ith the
enter,rise o-er 7hich the ac:/irer alread6 has direct or indirect control
?ointl6 ha-e,F
<A= either in India, the assets o# the -al/e o# ore than r/,ees one tho/sand
crores or t/rno-er ore than r/,ees three tho/sand croresJ
or
<%=
5
;in India or o/tside India, in aggregate, the assets o# the -al/e o#
ore than #i-e h/ndred illion (S dollars, incl/ding at least r/,ees
#i-e h/ndred crores in India, or t/rno-er ore than #i#teen h/ndred
illion (S dollars, incl/ding at least r/,ees #i#teen h/ndred crores
in IndiaJ or>
(2) the gro/,, to 7hich enter,rise 7hose control has )een ac:/ired, or is )eing
ac:/ired, 7o/ld )elong a#ter the ac:/isition, ?ointl6 ha-e or 7o/ld ?ointl6
ha-e,F
(1) either in India, the assets o# the -al/e o# ore than r/,ees #o/r tho/
sand crores or t/rno-er ore than r/,ees t7el-e tho/sand crores or
<%=
14
;in India or o/tside India, in aggregate, the assets o# the -al/e
o# ore than t7o )illion (S dollars, incl/ding at least r/,ees #i-e
h/ndred crores in India, or t/rno-er ore than six )illion (S dollars,
incl/ding at least r/,ees #i#teen h/ndred crores in IndiaJ or>
(3) an6 erger or aalgaation in 7hichF
(1) the enter,rise reaining a#ter erger or the enter,rise created as a res/lt o#
the aalgaation, as the case a6 )e, ha-e,F
<A= either in India, the assets o# the -al/e o# ore than r/,ees one
tho/ sand crores or t/rno-er ore than r/,ees three tho/sand
croresJ or
<%=
11
ore than #i-e h/ndred illion (S dollars, incl/ding at least r/,ees
#i-e h/ndred crores in India, or t/rno-er ore than #i#teen h/ndred
illion (S dollars, incl/ding at least r/,ees #i#teen h/ndred crores
in IndiaJ or>
15
S/)s. )6 Co,etition <Aendent= Act, !441 #or
H in India or o/tside India, in aggregate, the assets o# the -al/e o# ore than #i-e h/ndred
illion (S dollars or t/rno-er ore than #i#teen h/ndred illion (S dollarsJ orI
14
H in India or o/tside India, in aggregate, the assets o# the -al/e o# ore than t7o )illion
(S dollars or t/rno-er ore than six )illion (S dollarsJ orI
11
H in India or o/tside India, in aggregate, the assets o# the -al/e o# ore than #i-e
h/ndred illion (S dollars or t/rno-er ore than #i#teen h/ndred illion (S dollarsJ orI
<5=
(2) the gro/,, to 7hich the enter,rise reaining a#ter the erger or the enter
,rise created as a res/lt o# the aalgaation, 7o/ld )elong a#ter the erger
or the aalgaation, as the case a6 )e, ha-e or 7o/ld ha-e,F
<A= either in India, the assets o# the -al/e o# ore than r/,ees #o/r+tho/
sand crores or t/rno-er ore than r/,ees t7el-e tho/sand
croresJ or
<%=
1!
ore than t7o )illion (S dollars, incl/ding at least r/,ees #i-e
h/ndred crores in India, or t/rno-er ore than six )illion (S dollars,
incl/ding at least r/,ees &i#teen H/ndred Crores in India
Ex,lanation.F &or the ,/r,oses o# this section,F
(1) HcontrolI incl/des controlling the a##airs or anageent )6F
(1) one or ore enter,rises, either ?ointl6 or singl6, o-er another
enter,rise or gro/,J
<ii= one or ore gro/,s, either ?ointl6 or singl6, o-er another gro/,
or enter,riseJ
<)= Hgro/,I eans t7o or ore enter,rises 7hich, directl6 or indirectl6, are
in a ,osition to F
<i= exercise t7ent6+six ,er cent or ore o# the -oting rights in the
other enter,riseJ or
(2) a,,oint ore than #i#t6 ,er cent o# the e)ers o# the )oard o#
directors in the other enter,riseJ or
(3) control the anageent or a##airs o# the other enter,riseJ
(3) the -al/e o# assets shall )e deterined )6 ta@ing the )oo@ -al/e o# the
assets as sho7n, in the a/dited )oo@s o# acco/nt o# the enter,rise, in the
#inancial 6ear iediatel6 ,receding the #inancial 6ear in 7hich the date
o# ,ro,osed erger #alls, as red/ced )6 an6 de,reciation, and the -al/e
o# assets shall incl/de the )rand -al/e, -al/e o# good7ill, or -al/e
o# co,6right, ,atent, ,eritted /se, collecti-e ar@, registered ,ro,ri+
etor, registered trade ar@, registered /ser, hoon6o/s geogra,hical
indication, geogra,hical indications, design or la6o/t+ design or siilar other
coercial rights, i# an6, re#erred to in s/)+section <.= o# section *.
Re-1l"tio! o' $o%,i!"tio!(
6. <1= No ,erson or enter,rise shall enter into a co)ination 7hich ca/ses or is li@el6
to ca/se an a,,recia)le ad-erse e##ect on co,etition 7ithin the
rele-ant ar@et in India and s/ch a co)ination shall )e -oid.
12 S/)s. )6 Co,etition <Aendent= Act, !441 #orE
13 Hin India or o/tside India, the assets o# the -al/e o# ore than t7o )illion (S dollars or
t/rn o-er ore than six )illion (S dollars
<14=
(2) S/)?ect to the ,ro-isions contained in s/)+section <1=, an6 ,erson or
enter,rise, 7ho or 7hich ,ro,oses to enter into a co)ination,
1*
;shall>
gi-e notice to the Coission, in the #or as a6 )e s,eci#ied, and
the #ee 7hich a6 )e deterined, )6 reg/lations, disclosing the details
o# the ,ro,osed co)ination, 7ithin
10
;thirt6 da6s> o#F
(1) a,,ro-al o# the ,ro,osal relating to erger or aalgaation, re#erred to
in cla/se <c= o# section ., )6 the )oard o# directors o# the enter,rises
concerned 7ith s/ch erger or aalgaation, as the case a6 )eJ
(2) exec/tion o# an6 agreeent or other doc/ent #or ac:/isition re#erred
to in cla/se <a= o# section . or ac:/iring o# control re#erred to in cla/se
<)= o# that section.
1.
;<!A=No co)ination shall coe into e##ect /ntil t7o h/ndred and ten da6s ha-e
,assed #ro the da6 on 7hich the notice has )een gi-en to the Coission /nder
s/)+section<!= or the Coission has ,assed orders /nder section *1, 7hich+e-er is
earlier.>
(3) The Coission shall, a#ter recei,t o# notice /nder s/)+section <!=, deal 7ith
s/ch notice in accordance 7ith the ,ro-isions contained in sections
!5, *4 and *1.
(4) The ,ro-isions o# this section shall not a,,l6 to share s/)scri,tion or
#inancing #acilit6 or an6 ac:/isition, )6 a ,/)lic #inancial instit/tion,
#oreign instit/tional in-estor, )an@ or -ent/re ca,ital #/nd, ,/rs/ant to
an6 co-enant o# a loan agreeent or in-estent agreeent.
(5) The ,/)lic #inancial instit/tion, #oreign instit/tional in-estor, )an@ or
-ent/re ca,ital #/nd, re#erred to in s/)+section <0=, shall, 7ithin se-en da6s
#ro the date o# the ac:/isition, #ile, in the #or as a6 )e s,eci#ied )6
reg/lations, 7ith the Coission the details o# the ac:/isition incl/ding
the details o# control, the circ/stances #or exercise o# s/ch control
and the conse:/ences o# de#a/lt arising o/t o# s/ch loan agreeent or
in-estent agreeent, as the case a6 )e.
Ex,lanation.F&or the ,/r,oses o# this section, the ex,ressionF
<a= H#oreign instit/tional in-estorI has the sae eaning as assigned to it
in cla/se <a= o# the Ex,lanation to section 11.A" o# the Incoe+tax Act,
1531<0* o# 1531=J
(2) H-ent/re ca,ital #/ndI has the sae eaning as assigned to it in cla/se
(2)o# the Ex,lanation to cla/se <!* &%= o# section 14 o# the Incoe+tax
Act, 1531<0* o# 1531=J.
13 S/)s. )6 Co,etition <Aendent= Act, !441 #or Ha6, at his or its o,tionI
14 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hse-en da6sI
<11=
CHAPTER III
COMPETITION COMMISSION OF IN&IA
E(t",li(h%e!t o' Co%%i((io!
2. <1= 9ith e##ect #ro s/ch date as the Central 'o-ernent a6, )6 noti#ication,
a,,oint, there shall )e esta)lished, #or the ,/r,oses o# this Act, a
Coission to )e called the HCo,etition Coission o# IndiaI.
(2) The Coission shall )e a )od6 cor,orate )6 the nae a#oresaid ha-ing
,er,et/al s/ccession and a coon seal 7ith ,o7er, s/)?ect to the
,ro-isions o# this Act, to ac:/ire, hold and dis,ose o# ,ro,ert6, )oth o-a)le
and io-a)le, and to contract and shall, )6 the said nae, s/e or )e s/ed.
<*= The head o##ice o# the Coission shall )e at s/ch ,lace as the
Central 'o-ernent a6 decide #ro tie to tie.
<0= The Coission a6 esta)lish o##ices at other ,laces in India.
Co%/o(itio! o' Co%%i((io!
13
;3.<1= The Coission shall consist o# a Chair,erson and not less than t7o and not
ore than six other Me)ers to )e a,,ointed )6 the Central 'o-ernent.
(2) The Chair,erson and e-er6 other Me)er shall )e a ,erson o# a)ilit6,
integrit6 and standing and 7ho has s,ecial @no7ledge o#, and s/ch
,ro#essional ex,erience o# not less than #i#teen 6ears in, international
trade, econoics, )/siness, coerce, la7, #inance, acco/ntanc6,
anageent, ind/str6, ,/)lic a##airs or co,etition atters, incl/ding
co,etition la7 and ,olic6, 7hich in the o,inion o# the Central 'o-ernent,
a6 )e /se#/l to the Coission.
<*= The Chair,erson and other Me)ers shall )e 7hole+tie Me)ers.>
16 S/)s. )6 Co,etition <Aendent= Act, !441 #or J
(1) The Coission shall consist o# a Chair,erson and not less than t7o and not ore
than ten other Me)ers to )e a,,ointed )6 the Central 'o-ernentE
Pro-ided that the Central 'o-ernent shall a,,oint the Chair,erson and a Me)er
d/ring the #irst 6ear o# the esta)lishent o# the Coission.
(2) The Chair,erson and e-er6 other Me)er shall )e a ,erson o# a)ilit6, integrit6 and
standing and 7ho has )een, or is :/ali#ied to )e a ?/dge o# a High Co/rt, or, has s,ecial
@no7ledge o#, and ,ro#essional ex,erience o# not less than #i#teen 6ears in international
trade, econoics, )/siness, coerce, la7, #inance, acco/ntanc6, anageent,
ind/str6, ,/)lic a##airs, adinistration or in an6 other atter 7hich, in the o,inion o# the
Central 'o-ernent a6 )e /se#/l to the Coission.
(3) The Chair,erson and other Me)ers shall )e 7hole+tie Me)ers.I
<1!
=
11
;Selection Coittee #or Chair,erson and Me)ers o# Coission>
12
;5. <1= The Chair,erson and other Me)ers o# the Coission shall )e a,,ointed
)6 the Central 'o-ernent #ro a ,anel o# naes recoended )6 a
Selection Coittee consisting o# L
a= the Chie# B/stice o# India or his noinee + Chair,ersonJ
)= the Secretar6 in the Ministr6 o# Cor,orate A##airs + Me)erJ
c= the Secretar6 in the Ministr6 o# La7 and B/stice + Me)erJ
4) t7o ex,erts o# re,/te 7ho ha-e s,ecial @no7ledge o#, and ,ro#essional ex
,erience in international trade, econoics, )/siness, coerce, la7,
#inance, acco/ntanc6, anageent, ind/str6, ,/)lic a##airs or co,etition
atters incl/ding + Me)ers.
co,etition la7 and ,olic6
(2) The ter o# the Selection Coittee and the anner o# selection o# ,anel o#
naes shall )e s/ch as a6 )e ,rescri)ed.>
Ter% o' o''i$e o' Ch"ir/er(o! "!# other Me%,er(
10. <1= The Chair,erson and e-er6 other Me)er shall hold o##ice as s/ch #or
a ter o# #i-e 6ears #ro the date on 7hich he enters /,on his o##ice and
shall )e eligi)le #or re+a,,ointentE
15
;Pro-ided that the Chair,erson or other Me)ers shall not hold o##ice as
s/ch a#ter he has attained the age o# sixt6+#i-e 6ears>
(2) A -acanc6 ca/sed )6 the resignation or reo-al o# the Chair,erson or an6
other Me)er /nder section 11 or )6 death or other7ise shall
)e #illed )6 #resh a,,ointent in accordance 7ith the ,ro-isions o# sections
2 and 5.
<*= The Chair,erson and e-er6 other Me)er shall, )e#ore entering /,on
his o##ice, a@e and s/)scri)e to an oath o# o##ice and o# secrec6 in s/ch
#or, anner and )e#ore s/ch a/thorit6, as a6 )e ,rescri)ed.
(4) In the e-ent o# the occ/rrence o# a -acanc6 in the o##ice o# the
Chair,erson )6 reason o# his death, resignation or other7ise, the senior+
ost Me)er shall act as the Chair,erson, /ntil the date on 7hich a ne7
Chair,erson, a,,ointed in accordance 7ith the ,ro-isions o# this Act to #ill
s/ch -acanc6, enters /,on his o##ice.
17 S/)s. )6 Co,etition <Aendent= Act, !441 #or HSelection o# Chair,erson and
other Me)ersI
19 HThe Chair,erson and other Me)ers shall )e selected in the anner as a6 )e ,rescri)ed.I
21 HPro-ided that no Chair,erson or other Me)er shall hold o##ice as s/ch a#ter he has attained+
(1) in the case o# the Chair,erson, the age o# sixt6+se-en 6earsJ
(2) in the case o# an6 other Me)er, the age o# sixt6+#i-e 6ears.I
<1*=
(5) 9hen the Chair,erson is /na)le to discharge his #/nctions o7ing to
a)sence, illness or an6 other ca/se, the senior+ost Me)er shall
discharge the #/nctions o# the Chair,erson /ntil the date on 7hich the
Chair,erson res/es the charge o# his #/nctions.
Re(i-!"tio!, re%o0"l "!# (1(/e!(io! o' Ch"ir/er(o! "!# other %e%,er(
11. <1= The Chair,erson or an6 other Me)er a6, )6 notice in 7riting /nder
his hand addressed to the Central 'o-ernent, resign his o##iceE
Pro-ided that the Chair,erson or a Me)er shall, /nless he is ,eritted
)6 the Central 'o-ernent to relin:/ish his o##ice sooner, contin/e to hold
o##ice /ntil the ex,ir6 o# three onths #ro the date o# recei,t o# s/ch
notice or /ntil a ,erson d/l6 a,,ointed as his s/ccessor enters /,on his
o##ice or /ntil the ex,ir6 o# his ter o# o##ice, 7hiche-er is the earliest.
(2) Not7ithstanding an6thing contained in s/)+section <1=, the Central
'o-ernent a6, )6 order, reo-e the Chair,erson or an6 other Me)er
#ro his o##ice i# s/ch Chair,erson or Me)er, as the case a6 )e,F
(1) is, or at an6 tie has )een, ad?/dged as an insol-entJ or
<)= has engaged at an6 tie, d/ring his ter o# o##ice, in an6 ,aid
e,lo6entJ or
(3) has )een con-icted o# an o##ence 7hich, in the o,inion o# the
Central 'o-ernent, in-ol-es oral t/r,it/deJ or
<d= has ac:/ired s/ch #inancial or other interest as is li@el6 to
a##ect ,re?/diciall6 his #/nctions as a Me)erJ or
<e= has so a)/sed his ,osition as to render his contin/ance in
o##ice ,re?/dicial to the ,/)lic interestJ or
(6) has )ecoe ,h6sicall6 or entall6 inca,a)le o# acting as a Me)er.
(3) Not7ithstanding an6thing contained in s/)+section <!=, no Me)er shall )e
reo-ed #ro his o##ice on the gro/nd s,eci#ied in cla/se <d= or cla/se <e=
o# that s/)section /nless the S/,ree Co/rt, on a re#erence )eing ade
to it in this )ehal# )6 the Central 'o-ernent, has, on an in:/ir6, held )6
it in accordance 7ith s/ch ,roced/re as a6 )e ,rescri)ed in this )ehal#
)6 the S/,ree Co/rt, re,orted that the Me)er, o/ght on s/ch gro/nd or
gro/nds to )e reo-ed.
Re(tri$tio! o! e%/lo4%e!t o' Ch"ir/er(o! "!# other Me%,er( i! $ert"i! $"(e(
12. The Chair,erson and other Me)ers shall not, #or a ,eriod o#
!4
;t7o
6ears> #ro the date on 7hich the6 cease to hold o##ice, acce,t an6
e,lo6ent in, or connected 7ith the anageent or adinistration o#, an6
enter,rise 7hich has )een a ,art6 to a ,roceeding )e#ore the Coission /nder
this ActE
!4
S/)s. )6 Co,etition <Aendent= Act, !441 #or Hone 6earI
<10
=
Pro-ided that nothing contained in this section shall a,,l6 to an6 e,lo6ent /nder
the Central 'o-ernent or a State 'o-ernent or local a/thorit6 or in an6 stat/tor6
a/thorit6 or an6 cor,oration esta)lished )6 or /nder an6 Central, State or Pro-incial
Act or a 'o-ernent co,an6 as de#ined in section 311 o# the Co,anies Act, 15.3
<1 o# 15.3=.
21
5A#%i!i(tr"ti0e /o6er( o' Ch"ir/er(o!7
!!
513. The Chair,erson shall ha-e the ,o7ers o# general s/,erintendence, direction
and control in res,ect o# all adinistrati-e atters o# the CoissionE
Pro-ided that the Chair,erson a6 delegate s/ch o# his ,o7ers relating
to adinistrati-e atters o# the Coission, as he a6 thin@ #it, to an6
other Me)er or o##icer o# the Coission.I>
S"l"r4 "!# "llo6"!$e( "!# other ter%( "!# $o!#itio!( o' (er0i$e o'
Ch"ir/er(o! "!# other Me%,er(
18. <1= The salar6, and the other ters and conditions o# ser-ice, o# the Chair,erson
and other Me)ers, incl/ding tra-elling ex,enses, ho/se rent allo7ance and
con-e6ance #acilities, s/,t/ar6 allo7ance and edical #acilities shall )e
s/ch as a6 )e ,rescri)ed.
<!= The salar6, allo7ances and other ters and conditions o# ser-ice
o# the Chair,erson or a Me)er shall not )e -aried to his dis
ad-antage a#ter a,,ointent.
9"$"!$4, et$. !ot to i!0"li#"te /ro$ee#i!-( o' Co%%i((io!
15. No act or ,roceeding o# the Coission shall )e in-alid erel6 )6 reason o#F
(1) an6 -acanc6 in, or an6 de#ect in the constit/tion o#, the CoissionJ or
(2) an6 de#ect in the a,,ointent o# a ,erson acting as a Chair,erson or as a
Me)erJ or
(3) an6 irreg/larit6 in the ,roced/re o# the Coission not a##ecting the
erits o# the case.
21 S/)s. )6 Co,etition <Aendent= Act, !441 #or H&inancial and adinistrati-e ,o7ers o#
Me)er AdinistrationI
23 H The Central 'o-ernent shall designate an6 Me)er as Me)er Adinistration
7ho shall exercise s/ch #inancial and adinistrati-e ,o7ers as a6 )e -ested in hi /nder
the r/les ade )6 the Central 'o-ernentE
Pro-ided that the Me)er Adinistration shall ha-e a/thorit6 to delegate s/ch o# his #inancial and
adinistrati-e ,o7ers as he a6 thin@ #it to an6 other o##icer o# the Coission s/)?ect to the condition
that s/ch o##icer shall, 7hile exercising s/ch delegated ,o7ers contin/e to act /nder the direction,
s/,erintendence and control o# the Me)er Adinistration.I
<1.=
A//oi!t%e!t o' &ire$tor *e!er"l, et$.
13.
!*
;<1= The Central 'o-ernent a6, )6 noti#ication, a,,oint a "irector 'eneral #or
the ,/r,oses o# assisting the Coission in cond/cting in:/ir6
into contra-ention o# an6 o# the ,ro-isions o# this Act and #or ,er#oring
s/ch other #/nctions as are, or a6 )e, ,ro-ided )6 or /nder this Act.
<1A= The n/)er o# other Additional, Boint, "e,/t6 or Assistant "irectors
'eneral or s/ch o##icers or other e,lo6ees in the o##ice o# "irector
'eneral and the anner o# a,,ointent o# s/ch Additional, Boint, "e,/t6 or
Assistant "irectors 'eneral or s/ch o##icers or other e,lo6ees shall )e
s/ch as a6 )e ,rescri)ed.I>
(2) E-er6 Additional, Boint, "e,/t6 and Assistant "irectors 'eneral or
!0
;s/ch o##icers or other e,lo6ees,> shall exercise his ,o7ers, and
discharge his #/nctions, s/)?ect to the general control, s/,er-ision and
direction o# the "irector 'eneral.
(3) The salar6, allo7ances and other ters and conditions o# ser-ice o# the
"irector 'eneral and Additional, Boint, "e,/t6 and Assistant "irectors
'eneral or,
!.
;s/ch o##icers or other e,lo6ees,> shall )e s/ch as a6 )e
,rescri)ed.
(4) The "irector 'eneral and Additional, Boint, "e,/t6 and Assistant
"irectors 'eneral or
!3
;s/ch o##icers or other e,lo6ees,> shall )e
a,,ointed #ro aongst ,ersons o# integrit6 and o/tstanding
a)ilit6 and 7ho ha-e ex,erience in in-estigation, and @no7ledge o#
acco/ntanc6, anageent, )/siness, ,/)lic adinistration,
international trade, la7 or econoics and s/ch other :/ali#ications as a6
)e ,rescri)ed.
23 S/)s. )6 Co,etition <Aendent= Act, !441 #or E
24 H The Central 'o-ernent a6, )6 noti#ication, a,,oint a "irector 'eneral and as an6
Additional, Boint, "e,/t6 or Assistant "irectors 'eneral or s/ch other ad-isers, cons/ltants
or o##icers, as it a6 thin@ #it, #or the ,/r,oses o# assisting the Coission in cond/cting
in:/ir6 into contra-ention o# an6 o# the ,ro-isions o# this Act and #or the cond/ct o# cases
)e#ore the Coission and #or ,er#oring s/ch other #/nctions as are, or a6 )e, ,ro-ided
)6 or /nder this ActI
25 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hs/ch other ad-isers, cons/ltants and
o##icers,I
o##icers,I
o##icers,I
<13
=
22
5A//oi!t%e!t o' Se$ret"r4, e/ert(, /ro'e((io!"l( "!# o''i$er( "!# other
e%/lo4ee( o' Co%%i((io!7
!2
512. <1= The Coission a6 a,,oint a Secretar6 and s/ch o##icers
and other e,lo6ees as it considers necessar6 #or the e##icient
,er#orance o# its #/nctions /nder this Act.
<!= The salaries and allo7ances ,a6a)le to and other ters and
conditions o# ser-ice o# the Secretar6 and o##icers and other
e,lo6ees o# the Coission and the n/)er o# s/ch o##icers and
other e,lo6ees shall )e s/ch as a6 )e ,rescri)ed.
<*= The Coission a6 engage, in accordance 7ith the ,roced/re
s,eci#ied )6 reg/lations, s/ch n/)er o# ex,erts and ,ro#essionals o#
integrit6 and o/tstanding a)ilit6, 7ho ha-e s,ecial @no7ledge o#,
and ex,erience in, econoics, la7, )/siness or s/ch other disci,lines
related to co,etition, as it dees necessar6 to assist the Coission
in the discharge o# its #/nctions /nder this Act.>
27 S/)s. )6 Co,etition <Aendent= Act, !441 #or HRegistrar and o##icers and other
e,lo6ees o# CoissionI
<1= The Coission a6 a,,oint a Registrar and s/ch o##icers and other e,lo6ees as it
considers necessar6 #or the e##icient ,er#orance o# its #/nctions /nder this Act
(2) The salaries and allo7ances ,a6a)le to and other ters and conditions o# ser-ice o# the
Registrar and o##icers and other e,lo6ees o#
the Coission and the n/)er o# s/ch o##icers and other e,lo6ees shall )e s/ch as
a6 )e ,rescri)ed.I
<11=
CHAPTER I9
&+TIES, PO:ERS AN& F+NCTIONS OF COMMISSION
&1tie( o' Co%%i((io!
18. S/)?ect to the ,ro-isions o# this Act, it shall )e the d/t6 o# the Coission to
eliinate ,ractices ha-ing ad-erse e##ect on co,etition, ,roote and s/stain
co,etition, ,rotect the interests o# cons/ers and ens/re #reedo o# trade
carried on )6 other ,artici,ants, in ar@ets in IndiaE
Pro-ided that the Coission a6, #or the ,/r,ose o# discharging its d/ties or
,er#oring its #/nctions /nder this Act, enter into an6 eorand/ or
arrangeent 7ith the ,rior a,,ro-al o# the Central 'o-ernent, 7ith an6 agenc6
o# an6 #oreign co/ntr6.
I!;1ir4 i!to $ert"i! "-ree%e!t( "!# #o%i!"!t /o(itio! o' e!ter/ri(e
19. <1= The Coission a6 in:/ire into an6 alleged contra-ention o# the ,ro-isions
contained in s/)section <1= o# section * or s/)+section <1= o# section 0 either
on its o7n otion or onF
<a=
!5
;recei,t o# an6 in#oration, in s/ch anner and> acco,anied )6 s/ch
#ee as a6 )e deterined )6 reg/lations, #ro an6 ,erson, cons/er or
their association or trade associationJ or
<)= a re#erence ade to it )6 the Central 'o-ernent or a State
'o-ernent or a stat/tor6 a/thorit6.
(2) 9itho/t ,re?/dice to the ,ro-isions contained in s/)+section <1=, the ,o7ers
and #/nctions o# the Coission shall incl/de the ,o7ers and #/nctions
s,eci#ied in s/)+sections <*= to <1=.
<*= The Coission shall, 7hile deterining 7hether an agreeent has
an a,,recia)le ad-erse e##ect on co,etition /nder section *, ha-e d/e
regard to all or an6 o# the #ollo7ing #actors, nael6EF
(1) creation o# )arriers to ne7 entrants in the ar@etJ
(2) dri-ing existing co,etitors o/t o# the ar@etJ
(3) #oreclos/re o# co,etition )6 hindering entr6 into the ar@etJ
(4) accr/al o# )ene#its to cons/ersJ
<e= i,ro-eents in ,rod/ction or distri)/tion o# goods or ,ro-ision o#
ser-icesJ
(6) ,rootion o# technical, scienti#ic and econoic de-elo,ent )6 eans
o# ,rod/ction or distri)/tion o# goods or ,ro-ision o# ser-ices.
!5
S/)s. )6 Co,etition <Aendent= Act, !441 #or Hrecei,t o# a co,laint,I
<12
=
<0= The Coission shall, 7hile in:/iring 7hether an enter,rise en?o6s a doinant
,osition or not /nder section 0, ha-e d/e regard to all or an6 o# the #ollo7ing
#actors, nael6EF
(1) ar@et share o# the enter,riseJ
(2) siGe and reso/rces o# the enter,riseJ
(3) siGe and i,ortance o# the co,etitorsJ
(4) econoic ,o7er o# the enter,rise incl/ding coercial ad-antages o-er
co,etitorsJ
(5) -ertical integration o# the enter,rises or sale or ser-ice net7or@ o# s/ch
enter,risesJ
(6) de,endence o# cons/ers on the enter,riseJ
(7) ono,ol6 or doinant ,osition 7hether ac:/ired as a res/lt o# an6
stat/te or )6 -irt/e o# )eing a 'o-ernent co,an6 or a ,/)lic sector
/nderta@ing or other7iseJ
(8) entr6 )arriers incl/ding )arriers s/ch as reg/lator6 )arriers, #inancial
ris@, high ca,ital cost )arriers, econoies
o# ser-ice #or cons/ersJ
o# entr6,
ar@eting
entr6
)arriers, technical entr6
scale, high cost o#
s/)stit/ta)le goods or
(9) co/nter-ailing
)/6ing ,o7erJ
(10) ar@et
str/ct/re
and siGe o#
ar@etJ <@=
social
o)ligations
and social
costsJ
(9) relati-e
ad-antage,)6
7a6 o# the
contri)/tion to
the econoic
de-elo,ent,
)6 the
enter,rise
en?o6ing a
doinant
,osition ha-ing
or
li@
el
6
to
ha
-e
an
a,
,r
ec
ia
)l
e
ad
-e
rs
e
e##
ec
t
on
co
,etiti
onJ
<= an6
othe
r
#acto
r
7hic
h
the
Co
iss
ion
a6
cons
ider
rele-
ant
#or
the
in:/ir6.
(5) &or deterining
7hether a ar@et
constit/tes a Hrele-ant
ar@etI #or the
,/r,oses o# this Act,
the Coission shall
ha-e d/e regard to the
Hrele-ant geogra,hic
ar@etMM and Hrele-ant
,rod/ct ar@etI.
<3= The Coission shall, 7hile deterining the Hrele-ant
ar@etI, ha-e d/e regard to all or an6 o# the #ollo7ing #actors, nael6EF
(1) reg/lator6 trade
)arriersJ
(2) local s,eci#ication
re:/ireentsJ <c=
national
,roc/reent
,oliciesJ
<d= ade:/ate
distri)/tion #acilitiesJ
<e= trans,ort costsJ
(6) lang/ageJ
(7) co
ns
/
er
,re#
eren
cesJ
(8) nee
d #or sec/re or
reg/lar s/,,lies
or ra,id a#ter+
sales ser-ices.
<15=
(7) The Coission shall, 7hile deterining the Hrele-ant ,rod/ct ar@etI,
ha-e d/e regard to all or an6 o# the #ollo7ing #actors, nael6EF
(1) ,h6sical characteristics or end+/se o# goodsJ
(2) ,rice o# goods or ser-ice
(3) cons/er ,re#erencesJ
(4) excl/sion o# in+ho/se ,rod/ctionJ
(5) existence o# s,ecialised ,rod/cersJ
(6) classi#ication o# ind/strial ,rod/cts.
I!;1ir4 i!to $o%,i!"tio! ,4 Co%%i((io!
20. <1= The Coission a6, /,on its o7n @no7ledge or in#oration
relating to ac:/isition re#erred to in cla/se <a= o# section . or ac:/iring o#
control re#erred to in cla/se <)= o# section . or erger or aalgaation
re#erred to in cla/se <c= o# that section, in:/ire into 7hether s/ch a
co)ination has ca/sed or is li@el6 to ca/se an a,,recia)le ad-erse e##ect
on co,etition in IndiaE
Pro-ided that the Coission shall not initiate an6 in:/ir6 /nder this
s/)section a#ter the ex,ir6 o# one 6ear #ro the date on 7hich s/ch
co)ination has ta@en e##ect.
(2) The Coission shall, on recei,t o# a notice /nder s/)+section <!= o#
section 3
*4
;NNN>, in:/ire 7hether a co)ination re#erred to in that notice or
re#erence has ca/sed or is li@el6 to ca/se an a,,recia)le ad-erse e##ect
on co,etition in India.
(3) Not7ithstanding an6thing contained in section ., the Central 'o-ernent
shall, on the ex,ir6 o# a ,eriod o# t7o 6ears #ro the date o# coence+
ent o# this Act and therea#ter e-er6 t7o 6ears, in cons/ltation 7ith
the Coission, )6 noti#ication, enhance or red/ce, on the )asis o# the
7holesale ,rice index or #l/ct/ations in exchange rate o# r/,ee or #oreign
c/rrencies, the -al/e o# assets or the -al/e o# t/rno-er, #or the ,/r,oses
o# that section.
(4) &or the ,/r,oses o# deterining 7hether a co)ination 7o/ld ha-e the
e##ect o# or is li@el6 to ha-e an a,,recia)le ad-erse e##ect on co,etition
in the rele-ant ar@et, the Coission shall ha-e d/e regard to all
or an6 o# the #ollo7ing #actors, nael6EF
(1) act/al and ,otential le-el o# co,etition thro/gh i,orts in the ar@et
(2) extent o# )arriers to entr6 into the ar@etJ
(3) le-el o# co)ination in the ar@etJ
*4
The 7ords Hor /,on recei,t o# a re#erence /nder s/)+section <1= o# section !1I oitted )6
Co,eti+tion <Aendent= Act, !441
<!4=
<d= degree o# co/nter-ailing ,o7er in the ar@etJ
<e= li@elihood that the co)ination 7o/ld res/lt in the ,arties to
the co)ination )eing a)le to signi#icantl6 and s/staina)l6 increase
,rices or ,ro#it arginsJ
(6) extent o# e##ecti-e co,etition li@el6 to s/stain in a ar@etJ
(7) extent to 7hich s/)stit/tes are a-aila)le or arc li@el6 to )e a-aila)le in
the ar@etJ
<h= ar@et share, in the rele-ant ar@et, o# the ,ersons or enter,rise in a
co)ination, indi-id/all6 and as a co)inationJ
(1) li@elihood that the co)ination 7o/ld res/lt in the reo-al o# a -igoro/s
and e##ecti-e co,etitor or co,etitors in the ar@etJ
<?= nat/re and extent o# -ertical integration in the ar@etJ <@= ,ossi)ilit6 o# a
#ailing )/sinessJ
(9) nat/re and extent o# inno-ationJ
<= relati-e ad-antage, )6 7a6 o# the contri)/tion to the econoic
de-elo,ent, )6 an6 co)ination ha-ing or li@el6 to ha-e
<n= 7hether the )ene#its o# the co)ination o/t7eigh the ad-erse i,act
o# the co)ination, i# an6.
Re'ere!$e ,4 (t"t1tor4 "1thorit4
21. <1= 9here in the co/rse o# a ,roceeding )e#ore an6 stat/tor6 a/thorit6 an iss/e is
raised )6 an6 ,art6 that an6 decision 7hich s/ch stat/tor6 a/thorit6 has
ta@en or ,ro,oses to ta@e is or 7o/ld )e, contrar6 to an6 o# the ,ro-isions o#
this Act, then s/ch stat/tor6 a/thorit6 a6 a@e a re#erence in res,ect o#
s/ch iss/e to the CoissionE
*1
;Pro-ided that an6 stat/tor6 a/thorit6, a6, s/o ot/, a@e s/ch a
re#erence to the Coission.>
*!
;<!= $n recei,t o# a re#erence /nder s/)+section <1=, the Coission shall
gi-e its o,inion, 7ithin sixt6 da6s o# recei,t o# s/ch re#erence, to s/ch
stat/tor6 a/thorit6 7hich shall consider the o,inion o# the Coission
and therea#ter, gi-e its #indings recording reasons there#or on the iss/es
re#erred to in the said o,inion.>
33 H $n recei,t o# a re#erence /nder s/)+section <1=, the Coission shall, a#ter hearing the
,arties to the ,roceedings, gi-e its o,inion to s/ch stat/tor6 a/thorit6 7hich shall therea#ter
,ass s/ch order on the iss/es re#erred to in that s/)+section as it dees #itE
Pro-ided that the Coission shall gi-e its o,inion /nder this section 7ithin sixt6 da6s o#
recei,t o# s/ch re#erence.I
<!1
=
**
5Re'ere!$e ,4 Co%%i((io!7
*0
;21A. <1= 9here in the co/rse o# a ,roceeding )e#ore the Coission an
iss/e is raised )6 an6 ,art6 that an6 decision 7hich, the Coission
has ta@en d/ring s/ch ,roceeding or ,ro,oses to ta@e, is or 7o/ld )e
contrar6 to an6 ,ro-ision o# this Act 7hose i,leentation is
entr/sted to a stat/tor6 a/thorit6, then the Coission a6 a@e
a re#erence in res,ect o# s/ch iss/e to the stat/tor6 a/thorit6E
Pro-ided that the Coission, a6, s/oot/, a@e s/ch a
re#erence to the stat/tor6 a/thorit6.
<!= $n recei,t o# a re#erence /nder s/)+section <1=, the stat/tor6 a/thorit6
shall gi-e its o,inion, 7ithin sixt6da6s o# recei,t o# s/ch re#erence,
to the Coission 7hich shall consider the o,inion o# the stat/tor6
a/thorit6, and therea#ter gi-e its #indings recording reasons there #or on
the iss/es re#erred to in the said o,inion.>
*.
5Meeti!-( o' Co%%i((io!7
*3
522. <1= The Coission shall eet at s/ch ties and ,laces, and shall
o)ser-e s/ch r/les and ,roced/re in regard to the transaction o#
)/siness at its eetings as a6 )e ,ro-ided )6 reg/lations.
<!= The Chair,erson, i# #or an6 reason, is /na)le to attend a
eeting o# the Coission, the senior+ost Me)er ,resent at the
eeting, shall ,reside at the eeting.
<*= All :/estions 7hich coe /, )e#ore an6 eeting o# the Coission
shall )e decided )6 a a?orit6 o# the Me)ers ,resent and -oting, and
in the e-ent o# an e:/alit6 o# -otes, the Chair,erson or in his a)sence,
the Me)er ,residing, shall ha-e a second orKcasting -oteE
Pro-ided that the :/or/ #or s/ch eeting shall )e three Me)ers.>
35 S/)s. )6 Co,etition <Aendent= Act, !441 #or H%enches o# CoissionI
(1) The ?/risdiction, ,o7er and a/thorit6 o# the Coission a6 )e exercised )6
%enches thereo#.
(2) The %enches shall )e constit/ted )6 the Chair,erson and each %ench shall consist o#
not less than t7o Me)ers.
(3) E-er6 %ench shall consist o# at least one B/dicial Me)er.
Ex,lanation.F&or the ,/r,oses o# this s/)+section, HB/dicial Me)erI eans a
Me)er 7ho is, or has )een, or is :/ali#ied to )e, a B/dge o# a High Co/rt.
(4) The %ench o-er 7hich the Chair,erson ,resides shall )e the Princi,al %ench and the
other%enches shall )e @no7n as the Additional %enches.
(5) There shall )e constit/ted )6 the Chair,erson one or ore %enches to )e called the
Mergers %ench or Mergers %enches, as the case a6 )e, excl/si-el6 to deal 7ith
atters re#erred to in sections . and 3.
(6) The ,laces at 7hich the Princi,al %ench, other Additional %ench or Mergers %ench shall ordinaril6
sit, shall )e s/ch as the Central 'o-ernent a6, )6 noti#ication, s,eci#6.I
<!!=
*1
23. ;$itted )6 the Co,etition <Aendent= Act, !441>
*2
28. ;$itted )6 the Co,etition <Aendent= Act, !441>
*5
2<. ;$itted )6 the Co,etition <Aendent= Act, !441>
37 Prior to oission, Section !* read as /nderE+
38 H "istri)/tion o# )/siness o# Coission aongst %enches
(1) 9here an6 %enches are constit/ted, the Chair,erson a6, #ro tie to tie, )6 order,
a@e ,ro-isions as to the distri)/tion o# the )/siness o# the Coission aongst the
%enches and s,eci#6 the atters, 7hich a6 )e dealt 7ith )6 each %ench.
(2) I# an6 :/estion arises as to 7hether an6 atter #alls 7ithin the ,/r-ie7 o# the )/siness
allocated to a %ench, the decision o# the Chair,erson thereon shall )e #inal.
(3) The Chair,erson a6
(1)trans#er a Me)er #ro one %ench to another %ench , or
(2)a/thoriGe the Me)ers o# one %ench to discharge also the #/nctions o# the
Me)ers o# other %enchE
Pro-ided that the Chair,erson shall trans#er, 7ith the ,rior a,,ro-al o# the Central 'o-ernent,
a Me)er #ro one %ench sit/ated in one cit6 to another %ench sit/ated in another cit6.
<0= The Chair,erson a6, #or the ,/r,ose o# sec/ring that an6 case or atter 7hich,
ha-ing regard to the nat/re o# the :/estions in-ol-ed, re:/ires or is re:/ired in his
o,inion or /nder the r/les ade )6 the Central 'o-ernent in this )ehal#, to )e
decided )6 a %ench co,osed o# ore than t7o Me)ers iss/e s/ch general or
s,ecial orders as he a6 dee #it.I
*2
Prior to oission Section !0 read as /nderE
H Proced/re #or deciding a case 7here Me)ers o# a %ench di##er in o,inion
I# the Me)ers o# a %ench di##er in o,inion on an6 ,oint, the6 shall state the ,oint or ,oints
on 7hich the6 di##er, and a@e a re#erence to the Chair,erson 7ho shall either hear the ,oint
or ,oints hisel# or re#er the case #or hearing on s/ch ,oint or ,oints )6 one or ore o# the
other Me)ers and s/ch ,oint or ,oints shall )e decided according to the o,inion o# the
a?orit6 o# the Me)ers 7ho ha-e heard the case, incl/ding those 7ho #irst heard it.I
39 Prior to oission, Section !. read as /nderE H B/risdiction o# %ench
40 An in:/ir6 shall )e initiated or a co,laint )e instit/ted or a re#erence )e ade /nder this
Act )e#ore a %ench 7ithin the local liits o# 7hose ?/risdictionF
(1) the res,ondent, or each o# the res,ondents, 7here there are ore than one, at the tie
o# the initiation o# in:/ir6 or instit/tion o# the co,laint or a@ing o# re#erence, as the
case a6 )e, act/all6 and -ol/ntaril6 resides, or carries on )/siness, or ,ersonall6
7or@s #or gainJ or
(2) an6 o# the res,ondents, 7here there are ore than one, at the tie o# the initiation o#
the in:/ir6 or instit/tion o# co,laint or a@ing o# re#erence, as the case a6 )e,
act/all6 and -ol/ntaril6 resides or carries on )/siness or ,ersonall6 7or@s #or gain
,ro-ided that in s/ch case either the lea-e o# the %ench is gi-en, or the res,ondents
7ho do not reside, or carr6 on )/siness, or ,ersonall6 7or@ #or gain, as a#oresaid,
ac:/iesce in s/ch instit/tionJ or
(3) the ca/se o# action, 7holl6 or in ,art, arises.
Ex,lanation.FA res,ondent, )eing a ,erson re#erred to in s/)+cla/se <iii= or s/)+cla/se <-i=
or s/)+cla/se <-ii= or s/)+cla/se <-iii= o# cla/se <1= o# section !, shall )e deeed to carr6 on
)/siness at its sole or ,rinci,al ,lace o# )/siness in India or at its registered o##ice in India or
7here it has also a s/)ordinate o##ice at s/ch ,lace.I
<!*=
04
5Pro$e#1re 'or i!;1ir4 1!#er (e$tio! 1=7
01
;!3. <1= $n recei,t o# a re#erence #ro the Central 'o-ernent or a State
'o-ernent or a stat/tor6 a/thorit6 or on its o7n @no7ledge or
in#oration recei-ed /nder section 15, i# the Coission is o# the
o,inion that there exists a ,ria #acie case, it shall direct the "irector
'eneral to ca/se an in-estigation to )e ade into the atterE
Pro-ided that i# the s/)?ect atter o# an in#oration recei-ed is, in the
o,inion o# the Coission, s/)stantiall6 the sae as or has )een co-ered
)6 an6 ,re-io/s in#oration recei-ed, then the ne7 in#oration a6 )e
cl/))ed 7ith the ,re-io/s in#oration.
<!= 9here on recei,t o# a re#erence #ro the Central 'o-ernent or
a State 'o-ernent or a stat/tor6 a/thorit6 or in#oration recei-ed /nder
section 15,
40 S/)s. )6 Co,etition <Aendent= Act, !441 #or HProced/re #or in:/ir6 on co,laints
/nder section 15I
H Proced/re #or in:/ir6 on co,laints /nder Section 15
(1) $n recei,t o# a co,laint or a re#erence #ro the Central 'o-ernent or a State
'o-ernent or a stat/tor6 a/thorit6 or on its o7n @no7ledge or in#oration, /nder section
15, i# the Coission is o# the o,inion that there exists a ,ria #acie case, it shall
direct the "irector 'eneral to ca/se an in-estigation to )e ade into the atter.
(2) The "irector 'eneral shall, on recei,t o# direction /nder s/)+section <1=, s/)it a
re,ort on his #indings 7ith in s/ch ,eriod as a6 )e s,eci#ied )6 the Coission.
(3) 9here on recei,t o# a co,laint /nder cla/se <a= o# s/)+section <1= o# section 15, the
Coission is o# the o,inion that there exists no ,ria #acie case, it shall disiss the
co,laint and a6 ,ass s/ch orders as it a6 dees #it, incl/ding i,osition o# costs,
i# necessar6.
(4) The Coission shall #or7ard a co,6 o# the re,ort re#erred to in s/)+section <!= to the
,arties concerned or to the Central 'o-ernent or the State 'o-ernent or the
stat/tor6 a/thorit6, as the case a6 )e.
(5) I# the re,ort o# the "irector 'eneral relates on a co,laint and s/ch re,ort
recoends that there is no contra-ention o# an6 o# the ,ro-isions o# this Act, the
co,lainant shall )e gi-en an o,,ort/nit6 to re)/t the #indings o# the "irector 'eneral.
(6) I#, a#ter hearing the co,lainant, the Coission agrees 7ith the recoendation o#
the "irector 'eneral, it shall disiss the co,laint.
(7) I#, a#ter hearing the co,lainant, the Coission is o# the o,inion that #/rther in:/ir6 is
called #or, it shall direct the co,lainant to ,roceed 7ith the co,laint.
(8) I# the re,ort o# the "irector 'eneral relates on a re#erence ade /nder s/)+section <K= and s/ch
re,ort recoends that there is no contra-ention o# the ,ro-isions o# this Act, the Coission shall
in-ite coents o# the Central 'o-ernent or the State 'o-ernent or the stat/tor6 a/thorit6, as
the case a6 )e, on s/ch re,ort and on recei,t o# s/ch coents, the Coission shall ret/rn the
re#erence i# there is no ,ria #acie case or ,roceed 7ith the re#erence as a co,laint i# there is a
,ria #acie case.
(9) I# the re,ort o# the "irector 'eneral re#erred to in s/)+section <!= recoends that
there is contra-ention o# an6 o# the ,ro-isions o# this Act, and the Coission is o# the
o,inion that #/rther in:/ir6 is called #or, it shall in:/ire into s/ch contra-ention in
accordance 7ith the ,ro-isions o# this Act.I
<!0=
the Coission is o# the o,inion that there exists no ,ria #acie case, it
shall close the atter #orth7ith and ,ass s/ch orders as it dees #it and
send a co,6 o# its order to the Central 'o-ernent or the State
'o-ernent or the stat/tor6 a/thorit6 or the ,arties concerned, as the
case a6 )e.
(3) The "irector 'eneral shall, on recei,t o# direction /nder s/)+section <1=,
s/)it a re,ort on his #indings 7ithin s/ch ,eriod as a6 )e s,eci#ied )6 the
Coission.
(4) The Coission a6 #or7ard a co,6 o# the re,ort re#erred to in s/)
section<*= to the ,arties concernedE
Pro-ided that in case the in-estigation is ca/sed to )e ade )ased on
re#erence recei-ed #ro the Central 'o-ernent or the State 'o-ernent or
the stat/tor6 a/thorit6, the Coission shall #or7ard a co,6 o# the re,ort
re#erred to in s/)+ section <*= to the Central 'o-ernent or the State
'o-ernent or the stat/tor6 a/thorit6, as the case a6 )e.
<.= I# the re,ort o# the "irector 'eneral re#erred to in s/)+section <*= reco+
ends that there is no contra-ention o# the ,ro-isions o# this Act, the
Coission shall in-ite o)?ections or s/ggestions #ro the Central
'o-ernent or the State 'o-ernent or the stat/tor6 a/thorit6 or the ,arties
concerned, as the case a6 )e, on s/ch re,ort o# the "irector 'eneral.
(6) I#, a#ter consideration o# the o)?ections and s/ggestions re#erred to in
s/) section <.=, i# an6, the Coission agrees 7ith the recoendation
o# the "irector 'eneral, it shall close the atter #orth7ith and ,ass s/ch
orders as it dees #it and co/nicate its order to the Central 'o-ernent
or the State 'o-ernent or the stat/tor6 a/thorit6 or the ,arties concerned,
as the case a6 )e.
<1= I#, a#ter consideration o# the o)?ections or s/ggestions re#erred to in s/)
section <.=, i# an6, the Coission is o# the o,inion that #/rther
in-estigations is called #or, it a6 direct #/rther in-estigation in the
atter )6 the "irector 'eneral or ca/se #/rther in:/iri6 to )e ade )6 in
the atter or itsel# ,roceed 7ith #/rther in:/ir6 in the atter in accordance
7ith the ,ro-isions o# this Act.
<2= I# the re,ort o# the "irector 'eneral re#erred to in s/)+section <*=
recoends that there is contra-ention o# an6 o# the ,ro-isions o# this Act,
and the Coission is o# the o,inion that #/rther in:/ir6 is called #or, it shall
in:/ire into s/ch contra-ention in accordance 7ith the ,ro-isions o# this Act.>
Or#er( ,4 Co%%i((io! "'ter i!;1ir4 i!to "-ree%e!t( or ",1(e o' #o%i!"!t
/o(itio!
22. 9here a#ter in:/ir6 the Coission #inds that an6 agreeent re#erred to in
section * or action o# an enter,rise in a doinant ,osition, is in contra-ention o#
section * or section 0, as the case a6 )e, it a6 ,ass all or an6 o# the
#ollo7ing orders, nael6EF
<!.
=
(1) direct an6 enter,rise or association o# enter,rises or ,erson or association
o# ,ersons, as the case a6 )e, in-ol-ed in s/ch agreeent, or a)/se o#
doinant ,osition, to discontin/e and not to re+enter s/ch agreeent or
discontin/e s/ch a)/se o# doinant ,osition, as the case a6 )eJ
<)= i,ose s/ch ,enalt6, as it a6 dee #it 7hich shall )e not ore than
ten ,ercent. o# the a-erage o# the t/rno-er #or the last three
,receding #inancial 6ears, /,on each o# s/ch ,erson or enter,rises 7hich
are ,arties to s/ch agreeents or a)/seE
0!
;Pro-ided that in case an6 agreeent re#erred to in section * has )een
entered into )6 a cartel, the Coission a6 i,ose /,on each
,rod/cer, seller, distri)/tor, trader or ser-ice ,ro-ider incl/ded in
that cartel, a ,enalt6 o# /, to three ties o# its ,ro#it #or each 6ear
o# the contin/ance o# s/ch agreeent or ten ,ercent. o# its t/rno-er #or
each 6ear o# the contin/ance o# s/ch agreeent, 7hiche-er is higher.>
0*
<c= ;$itted )6 Co,etition <Aendent= Act, !441>
<d= direct that the agreeents shall stand odi#ied to the extent and in
the anner as a6 )e s,eci#ied in the order )6 the CoissionJ
(5) direct the enter,rises concerned to
a)ide Coission a6 ,ass and
co,l6 7ith the o# costs, i# an6J
)6 s/ch other orders as
the directions, incl/ding
,a6ent
00
<#= ;$itted )6
Co,etition
<Aendent= Act,
!441>
<g= ,ass s/ch other
0.
;order or iss/e
s/ch directions> as it
a6 dee #it.
03
;Pro-ided that
7hile ,assing
orders /nder
this section, i#
the
Coission
coes to a
#inding, that an
enter,rise in
contra-ention to
section * or
section 0 o# the
Act is a e)er
o# a gro/, as
de#ined in
cla/se<)= o# the
Ex,lanation to
section . o# the
Act,
and
other
e)
ers o#
s/ch
a
gro/,
are
also
res,o
nsi)le
#or, or
ha-e
contri
)/ted
to,
s/ch
a
contra
-entio
n,
then it
a6
,ass
o
r
d
e
r
s
,

/
n
d
e
r

t
h
i
s

s
e
c
t
i
o
n, against s/ch
e)ers o# the
gro/,.>
42 S/)s. )6 Co,etition
<Aendent= Act, !441 #orE
43 H Pro-ided that in case an6
agreeent re#erred to in
section * has )een entered
into )6 an6 cartel, the
Coission shall i,ose
/,on each ,rod/cer, seller,
distri)/tor, trader or ser-ice
,ro-ider incl/ded in that
cartel, a ,enalt6 e:/i-alent
to three ties o# the
ao/nt o# ,ro#its ade o/t
o# s/ch agreeent )6 the
cartel or ten ,ercent. o# the
a-erage o# the t/rno-er o#
the cartel #or the last
,receding three #inancial
6ears, 7hiche-er is higherJI
44 Prior to oission, Cla/se
<c= o# Section !1 read as
/nderE+
45 Ha7ard co,ensation to
,arties in accordance 7ith
the ,ro-isions contained
in section *0JI
46 Prior to oission, Cla/se
<c= o# Section !1 read as
/nderE+
47 Hrecoend
to the Central
'o-ernent
#or the
di-ision o# an
enter,rise
en?o6i
ng
doin
ant
,ositio
nJI
48 S/)s. )6 Co,etition
<Aendent= Act, !441 #or
HorderI
49 Ins. )6 Co,etition
<Aendent= Act, !441
<!3=
&i0i(io! o' e!ter/ri(e e!>o4i!- #o%i!"!t /o(itio!
23 <1= The
01
;Coission> a6, not7ithstanding an6thing contained in an6
other la7 #or the tie )eing in #orce, )6 order in 7riting, direct di-ision o# an
enter,rise en?o6ing doinant ,osition to ens/re that s/ch enter,rise does
not a)/se its doinant ,osition.
<!= In ,artic/lar, and 7itho/t ,re?/dice to the generalit6 o# the #oregoing
,o7ers, the order re#erred to in s/)+section <1= a6 ,ro-ide #or all or an6
o# the #ollo7ing atters, nael6EF
(1) the trans#er or -esting o# ,ro,ert6, rights, lia)ilities or o)ligationsJ
(2) the ad?/stent o# contracts either )6 discharge or red/ction o# an6
lia)ilit6 or o)ligation or other7iseJ
<c= the creation, allotent, s/rrender or cancellation o# an6 shares, stoc@s
or sec/ritiesJ
02
<d= ;$itted )6 Co,etition <Aendent= Act, !441>
<e= the #oration or 7inding /, o# an enter,rise or the aendent o#
the eorand/ o# association or articles o# association or an6
other instr/ents reg/lating the )/siness o# an6 enter,riseJ
<#= the extent to 7hich, and the circ/stances in 7hich, ,ro-isions o#
the order a##ecting an enter,rise a6 )e altered )6 the enter,rise
and the registration thereo#J
(7) an6 other atter 7hich a6 )e necessar6 to gi-e e##ect to
the di-ision o# the enter,rise.
(3) Not7ithstanding an6thing contained in an6 other la7 #or the tie )eing in
#orce or in an6 contract or in an6 eorand/ or articles o# association,
an o##icer o# a co,an6 7ho ceases to hold o##ice as s/ch in
conse:/ence o# the di-ision o# an enter,rise shall not )e entitled to clai
an6 co,ensation #or s/ch cesser.
Pro$e#1re 'or i!0e(ti-"tio! o' $o%,i!"tio!
2=. <1= 9here the Coission is o# the
05
;,ria #acie> o,inion that a
co)ination is li@el6 to ca/se, or has ca/sed an a,,recia)le ad-erse
e##ect on co,etition 7ithin the rele-ant ar@et in India, it shall iss/e
a notice to sho7 ca/se to the ,arties to co)ination calling /,on
the to res,ond 7ithin thirt6 da6s o# the recei,t o# the notice, as to
7h6 in-estigation in res,ect o# s/ch co)ination sho/ld not )e cond/cted.
47 S/)s. )6 Co,etition <Aendent= Act, !441 #or HCentral 'o-ernent, on
recoendation /nder cla/se<#= o# section !1I
48 Prior to oission, cla/se <d= o# s/)+section<!= o# section !2 read as /nderE+
49 Hthe ,a6ent o# co,ensation to an6 ,erson 7ho s/##ered an6 loss d/e to doinant
,osition o# s/ch enter,riseJI
<!1
=
.4
;1<A= A#ter recei,t o# the res,onse o# the ,arties to the co)ination /nder
s/)+ section <1=, the Coission a6 call #or a re,ort #ro the "irector
'eneral and s/ch re,ort shall )e s/)itted )6 the "irector 'eneral
7ithin s/ch tie as the Coission a6 direct.>
<!= The Coission, i# it is ,ria #acie o# the o,inion that the co)ination
has, or is li@el6 to ha-e, an a,,recia)le ad-erse e##ect on co,etition, it
shall,
7ithin se-en 7or@ing da6s #ro the date o# recei,t o# the res,onse o#
the ,arties to the co)ination,
.1
;or the recei,t o# the re,ort #ro "irector
'eneral called /nder s/) section <1A=, 7hiche-er is later> direct the ,ar+
ties to the said co)ination to ,/)lish details o# the co)ination 7ithin ten
7or@ing da6s o# s/ch direction, in s/ch anner, as it thin@s a,,ro,riate,
#or )ringing the co)ination to the @no7ledge or in#oration o# the
,/)lic and ,ersons a##ected or li@el6 to )e a##ected )6 s/ch
co)ination.
<*= The Coission a6 in-ite an6 ,erson or e)er o# the ,/)lic, a##ected
or li@el6 to )e a##ected )6 the said co)ination, to #ile his 7ritten
o)?ections, i# an6, )e#ore the Coission 7ithin #i#teen 7or@ing da6s
#ro the date on 7hich the details o# the co)ination 7ere ,/)lished
/nder s/)+section <!=.
(4) The Coission a6, 7ithin #i#teen 7or@ing da6s #ro the ex,ir6 o# the
,eriod s,eci#ied in s/)+section <*=, call #or s/ch additional or other
in#oration as it a6 dee #it #ro the ,arties to the said co)ination.
<.= The additional or other in#oration called #or )6 the Coission
shall )e #/rnished )6 the ,arties re#erred to in s/)+section <0= 7ithin #i#teen
da6s #ro the ex,ir6 o# the ,eriod s,eci#ied in s/)+section <0=.
(6) A#ter recei,t o# all in#oration and 7ithin a ,eriod o# #ort6+#i-e 7or@ing
da6s #ro the ex,ir6 o# the ,eriod s,eci#ied in s/)+section <.=, the
Coission shall ,roceed to deal 7ith the case in accordance 7ith the
,ro-isions contained in section *1.
.!
5Pro$e#1re i! $"(e o' !oti$e 1!#er (1,.(e$tio! (2) o' (e$tio! ?7
.*
;30. 9here an6 ,erson or enter,rises has gi-en a notice /nder s/)+section <!=
o# section 3, the Coission shall exaine s/ch notice and #or its ,ria
#acie o,inion as ,ro-ided in s/)+section <1= o# section !5 and ,roceed as
,er ,ro-isions contained in that section.>
52 S/)s. )6 Co,etition <Aendent= Act, !441 #or HIn:/ir6 into disclos/re /nder s/)+
section<!= o# section 3I
54 H9here an6 ,erson or enter,rise has gi-en a notice /nder s/)+section <!= o#
section 3. The Coission shall in:/ireF
(1) 7hether the disclos/re ade in the notice is correctJ
(2) 7hether the co)ination has, or is li@el6 to ha-e, an a,,recia)le ad-erse e##ect on
co,etition.I
<!2=
Or#er( o' Co%%i((io! o! $ert"i! $o%,i!"tio!(
31. <1= 9here the Coission is o# the o,inion that an6 co)ination does not, or is
not li@el6 to, ha-e an a,,recia)le ad-erse e##ect on co,etition, it shall, )6
order, a,,ro-e that co)ination incl/ding the co)ination in res,ect o#
7hich a notice has )een gi-en /nder s/)+section <!= o# section 3.
(2) 9here the Coission is o# the o,inion that the co)ination has, or is
li@el6 to ha-e, an a,,recia)le ad-erse e##ect on co,etition, it shall direct
that the co)ination shall not ta@e e##ect.
(3) 9here the Coission is o# the o,inion that the co)ination has, or is li@el6
to ha-e, an a,,recia)le ad-erse e##ect on co,etition )/t s/ch ad-erse
e##ect can )e eliinated )6 s/ita)le odi#ication to s/ch co)ination, it a6
,ro,ose a,,ro,riate odi#ication to the co)ination, to the ,arties to s/ch
co)ination.
(4) The ,arties, 7ho acce,t the odi#ication ,ro,osed )6 the Coission /nder
s/)section <*=, shall carr6 o/t s/ch odi#ication 7ithin the ,eriod s,eci#ied
)6 the Coission.
<.= I# the ,arties to the co)ination, 7ho ha-e acce,ted the odi#ication
/nder s/)section <0=, #ail to carr6 o/t the odi#ication 7ithin the ,eriod
s,eci#ied )6 the Coission, s/ch co)ination shall )e deeed to ha-e an
a,,recia)le ad-erse e##ect on co,etition and the Coission shall deal
7ith s/ch co)ination in accordance 7ith the ,ro-isions o# this Act.
(6) I# the ,arties to the co)ination do not acce,t the odi#ication ,ro,osed )6
the Coission /nder s/)+section <*=, s/ch ,arties a6, 7ithin thirt6
7or@ing da6s o# the odi#ication ,ro,osed )6 the Coission, s/)it
aendent to the odi#ication ,ro,osed )6 the Coission /nder that s/)+
section.
(7) I# the Coission agrees 7ith the aendent s/)itted )6 the ,arties
/nder s/)section <3=, it shall, )6 order, a,,ro-e the co)ination.
(8) I# the Coission does not acce,t the aendent s/)itted /nder s/) section
<3=, then, the ,arties shall )e allo7ed a #/rther ,eriod o# thirt6 7or@ing
da6s 7ithin 7hich s/ch ,arties shall acce,t the odi#ication ,ro,osed )6
the Coission /nder s/)+section <*=.
(9) I# the ,arties #ail to acce,t the odi#ication ,ro,osed )6 the Coission
7ithin thirt6 7or@ing da6s re#erred to in s/)+section <3= or 7ithin a #/rther
,eriod o# thirt6 7or@ing da6s re#erred to in s/)+section <2=, the co)ination
shall )e deeed to ha-e an a,,recia)le ad-erse e##ect on co,etition
and )e dealt 7ith in accordance 7ith the ,ro-isions o# this Act.
<14= 9here the Coission has directed /nder s/)+section <!= that the
co)ination shall not ta@e e##ect or the co)ination is deeed to ha-e
an a,,recia)le ad-erse e##ect on co,etition /nder s/)+section <5=, then,
7itho/t ,re?/dice to an6 ,enalt6 7hich a6 )e i,osed or an6 ,rosec/+
tion 7hich a6 )e initiated /nder this Act, the Coission a6 order that
<!5=
(1) the ac:/isition re#erred to in cla/se <a= o# section .J or
(2) the ac:/iring o# control re#erred to in cla/se <)= o# section .J or
(3) the erger or aalgaation re#erred to in cla/se <c= o# section ., shall
not )e gi-en e##ect toE
Pro-ided that the Coission a6, i# it considers a,,ro,riate, #rae
a schee to i,leent its order /nder this s/)+section.
(11)I# the Coission does not, on the ex,ir6 o# a ,eriod o#
.0
;t7o h/ndred and
ten da6s #ro the date o# notice gi-en to the Coission /nder s/)+
section <!= o# section 3>, ,ass an order or iss/e direction in accordance
7ith the ,ro-isions o# s/)+section <1= or s/)+section <!= or s/)+section <1=,
the co)ination shall )e deeed to ha-e )een a,,ro-ed )6 the Cois+
sion.
Ex,lanation.F&or the ,/r,oses o# deterining the ,eriod o#
..
;t7o h/ndred
and ten> da6s s,eci#ied in this s/)section, the ,eriod o# thirt6 7or@ing da6s
s,eci#ied in s/)+section <3= and a #/rther ,eriod o# thirt6 7or@ing da6s
s,eci#ied in s/)+ section <2= shall )e excl/ded.
(12) 9here an6 extension o# tie is so/ght )6 the ,arties to the co)ination, the
,eriod o# ninet6 7or@ing da6s shall )e rec@oned a#ter ded/cting the
extended tie granted at the re:/est o# the ,arties.
(13) 9here the Coission has ordered a co)ination to )e -oid, the
ac:/istion or ac:/iring o# control or erger or aalgaation re#erred to in
section ., shall )e dealt 7ith )6 the a/thorities /nder an6 other la7 #or the
tie )eing in #orce as i# s/ch ac:/isition or ac:/iring o# control or erger or
aalgaation had not ta@en ,lace and the ,arties to the co)ination shall
)e dealt 7ith accordingl6.
(14) Nothing contained in this Cha,ter shall a##ect an6 ,roceeding initiated or
7hich a6 )e initiated /nder an6 other la7 #or the tie )eing in #orce.
A$t( t"@i!- /l"$e o1t(i#e I!#i" ,1t h"0i!- "! e''e$t o! $o%/etitio! i! I!#i"
32. The Coission shall, not7ithstanding that,F
(1) an agreeent re#erred to in section * has )een entered into o/tside IndiaJor
(2) an6 ,art6 to s/ch agreeent is o/tside IndiaJ or
(3) an6 enter,rise a)/sing the doinant ,osition is o/tside IndiaJ or
(4) a co)ination has ta@en ,lace o/tside IndiaJ or
(5) an6 ,art6 to co)ination is o/tside IndiaJ or
55 Hninet6 7or@ing da6s #ro the date o# ,/)lication re#erred to in s/)+section<!= o# section !5I
56 S/)s. )6 Co,etition <Aendent= Act, !441 #or Ininet6 da6sI
<*4
=
(6) an6 other atter or ,ractice or action arising o/t o# s/ch agreeent or
doinant ,osition or co)ination is o/tside India,
ha-e ,o7er to in:/ire
.3
;in accordance 7ith the ,ro-isions contained in
sections 15, !4, !3, !5 and *4 o# the Act> into s/ch agreeent or a)/se o#
doinant ,osition or co)ination i# s/ch agreeent or doinant ,osition or
co)ination has, or is li@el6 to ha-e, an a,,recia)le ad-erse e##ect on
co,etition in the rele-ant ar@et in India
.1
;and ,ass s/ch orders as it a6
dee #it in accordance 7ith the ,ro-isions o# this Act.>
.2
5Po6er to i((1e i!teri% or#er(7
.5
533. 9here d/ring an in:/ir6, the Coission is satis#ied that an act in
contra-ention o# s/)+section <1= o# section * or s/)+section <1= o# section 0 or
section 3 has )een coitted and contin/es to )e coitted or that s/ch act
is a)o/t to )e coitted, the Coission a6, )6 order, te,oraril6 restrain
an6 ,art6 #ro carr6ing on s/ch act /ntil the concl/sion o# s/ch in:/ir6 or /ntil
#/rther orders, 7itho/t gi-ing notice to s/ch ,art6, 7here it dees it
necessar6.>
58 S/)s. )6 Co,etition <Aendent= Act, !441 #or HPo7er to grant interi relie#I
(1) 9here d/ring an in:/ir6 )e#ore the Coission, it is ,ro-ed to the satis#action o# the
Coission, )6 a##ida-it or other7ise, that an act in contra-ention o# s/)+section <1= o#
section * or s/)+section <1= o# section 0 or section 3 has )een coitted and
contin/es to )e coitted or that s/ch act is a)o/t to )e coitted, the Coission
a6, )6 order, grant a te,orar6 in?/nction restraining an6 ,art6 #ro carr6ing on s/ch
act /ntil the concl/sion o# s/ch in:/ir6 or /ntil #/rther orders, 7itho/t gi-ing notice to
the o,,osite ,art6, 7here it dees it necessar6.
(2) 9here d/ring the in:/ir6 )e#ore the Coission it is ,ro-ed to the satis#action o# the
Coission )6 a##ida-it or other7ise that i,ort o# an6 goods is li@el6 to contra-ene
s/)+section <1= o# section * or s/)section <1= o# section 0 or section 3, it a6, )6 order,
grant a te,orar6 in?/nction restraining an6 ,art6 #ro i,orting s/ch goods /ntil the
concl/sion o# s/ch in:/ir6 or /ntil #/rther orders, 7itho/t gi-ing notice to the o,,osite
,art6, 7here it dees it necessar6 and a co,6 o# s/ch order granting te,orar6
in?/nction shall )e sent to the concerned a/thorities.
(3) The ,ro-isions o# r/les !A to . <)oth incl/si-e= o# $rder DDDID o# the &irst Sched/le to
the Code o# Ci-il Proced/re, 1542 <. o# 1542= shall, as #ar as a6 )e, a,,l6 to a
te,orar6 in?/nction iss/ed )6 the Coission /nder this Act, as the6 a,,l6 to a
te,orar6 in?/nction iss/ed )6 a ci-il co/rt, and an6 re#erence in an6 s/ch r/le to a
s/it shall )e constr/ed as a re#erence to an6 in:/ir6 )e#ore the Coission.
<*1=
34
*0. ;$itted )6 Co,etition <Aendent= Act, !441> <*5 o# !441 7ith e##ect #ro
1!th $cto)er !441=
A//e"r"!$e ,e'ore Co%%i((io!
35. A
31
;,erson or an enter,rise> or the "irector 'eneral a6 either a,,ear in
,erson or a/thorise one or ore chartered acco/ntants or co,an6 secre+
taries or cost acco/ntants or legal ,ractitioners or an6 o# his or its o##icers to
,resent his or its case )e#ore the Coission.
E/l"!"tio!.AFor the /1r/o(e( o' thi( (e$tio!,A
(1) Hchartered acco/ntantI eans a chartered acco/ntant as de#ined in
cla/se <)= o# s/)+section <1= o# section ! o# the Chartered Acco/ntants Act,
1505 <*2 o# 1505= and 7ho has o)tained a certi#icate o# ,ractice /nder s/)+
section <1= o# section 3 o# that ActJ
(2) Hco,an6 secretar6I eans a co,an6 secretar6 as de#ined in cla/se <c= o#
s/)+section <1= o# section ! o# the Co,an6 Secretaries Act, 1524 <.3 o#
1524= and 7ho has o)tained a certi#icate o# ,ractice /nder s/)+section <1= o#
section 3 o# that ActJ
(3) Hcost acco/ntantI eans a cost acco/ntant as de#ined in cla/se <)= o# s/)
section <1= o# section ! o# the Cost and 9or@s Acco/ntants Act, 15.5 <!* o#
15.5= and 7ho has o)tained a certi#icate o# ,ractice /nder s/)+ section
<1= o# section 3 o# that ActJ
(4) Hlegal ,ractitionerI eans an ad-ocate, -a@il or an attorne6 o# an6 High
Co/rt, and incl/des a ,leader in ,ractice.
Po7er to a7ard co,ensation
(1) 9itho/t ,re?/dice to an6 other ,ro-isions contained in this Act, an6 ,erson a6 a@e
an a,,lication to the Coission #or an order#or the reco-er6 o# co,ensation #ro
an6 enter,rise #or an6 loss or daage sho7n to ha-e )een s/##ered, )6 s/ch ,erson as
a res/lt o# an6 contra-ention o# the ,ro-isions o# Cha,ter II, ha-ing )een coitted )6
s/ch enter,rise.
(2) The Coission a6, a#ter an in:/ir6 ade into the allegations entioned in the a,,lication ade
/nder s/)+section <1=, ,ass an order directing the enter,rise to a@e ,a6ent to the a,,licant, o#
the ao/nt deterined )6 it as realisa)le #ro the enter,rise as co,ensation #or the loss or
daage ca/sed to the a,,licant as a res/lt o# an6 contra -ention o# the ,ro-isions o# Cha,ter II
ha-ing )een coitted )6 s/ch enter,rise.
(3) 9here an6 loss or daage re#erred to in s/)+section <1= is ca/sed to n/ero/s
,ersons ha-ing the sae interest, one or ore o# s/ch ,ersons a6, 7ith the
,erission o# the Coission, a@e an a,,lication /nder that s/)+section #or and on
)ehal# o#, or #or the )ene#it o#, the ,ersons so interested, and there/,on, the ,ro-isions
o# r/le 2 o# $rder 1 o# the &irst Sched/le to the Code o# Ci-il
Proced/re, 1542 <. o# 1542=, shall a,,l6 s/)?ect to the odi#ication that e-er6
re#erence therein to a s/it or decree shall )e constr/ed as a re#erence to the
a,,lication )e#ore the Coission and the order o# the Coission thereon.I
61 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hco,lainant or de#endantI
<*!
=
Po6er o' Co%%i((io! to re-1l"te it( o6! /ro$e#1re
3!
53?. <1= In the discharge o# its #/nctions, the Coission shall )e g/ided
)6 the ,rinci,les o# nat/ral ?/stice and, s/)?ect to the other ,ro
-isions o# this Act and o# an6 r/les ade )6 the Central 'o-ernent, the
Coission shall ha-e the ,o7ers to reg/late its o7n ,roced/re.
H<1= The Coission shall not )e )o/nd )6 the ,roced/re laid do7n )6 the Code o# Ci-il
Proced/re,1542 <. o# 1542=, )/t shall )e g/ided )6 the ,rinci,les o# nat/ral ?/stice
and, s/)?ect to the other ,ro-isions o# this Act and o# an6 r/les ade )6 the Central
'o-ern+ent, the Coission shall ha-e ,o7ers to reg/late its o7n ,roced/re
incl/ding the ,laces at 7hich the6 shall ha-e their sittings, d/ration o# oral hearings
7hen granted, and ties o# its in:/ir6.
(2) The Coission shall ha-e, #or the ,/r,oses o# discharging its #/nctions /der this
Act, the sae ,o7ers as are -ested in a ci-il co/rt /nder the Code o# Ci-il Proced/re,
1542<. o# 1542=, 7hile tr6ing a s/it, in res,ect o# the #ollo7ing atters, nael6EF
(1)s/oning and en#orcing the attendance o# an6 ,erson and exaining hi on oathJ
(2)re:/iring the disco-er6 and ,rod/ction o# doc/entsJ
(3)recei-ing e-idence on a##ida-itsJ
(4)iss/ing coissions #or the exaination o# 7itnesses or doc/entsJ
(5)s/)?ect to the ,ro-isions o# sections 1!* and 1!0 o# the Indian E-idence Act,
121! <1o# 121!=, re:/isitioning an6 ,/)lic record or doc/ent or co,6 o#
s/ch record or doc/ent #ro an6 o##iceJ
(6)disissing an a,,lication in de#a/lt or deciding it ex ,arteJ <g=an6 other atter
7hich a6 )e ,rescri)ed.
(3) E-er6 ,roceeding )e#ore the Coission shall )e deeed to )e a ?/dicial ,roceeding
7ithin the eaning o# sections 15* and !!2 and
#or the ,/r,oses o# section 153 o# the Indian Penal Code <0. o# 1234= and the
Coission shall )e deeed to )e a ci-il co/rt #or the ,/r,oses o# section 15. <! o#
1510= and Cha,ter DD8I o# the Code o# Criinal Proced/re, 151*.
(4) The Coission a6 call /,on s/ch ex,erts, #ro the #ields o# econoics, coerce,
acco/ntanc6, international trade or #ro an6 other disci,line as it dees necessar6, to
assist the Coission in the cond/ct o# an6 in:/ir6 or ,roceeding )e#ore it.
(5) The Coission a6 direct an6 ,ersonF
(1)to ,rod/ce )e#ore the "irector 'eneral or the Registrar or an o##icer a/thorised )6 it,
s/ch )oo@s, acco/nts or other doc/ents in the c/stod6 or /nder the
control o# s/ch ,erson so directed as a6 )e s,eci#ied or descri)ed in the
direction, )eing doc/ents relating to an6 trade, the exaination o# 7hich a6 )e
re:/ired #or the ,/r,oses o# this ActJ
(2)to #/rnish to the "irector 'eneral or the Registrar or an6 o##icer a/thorised )6 it, as
res,ects the trade or s/ch other in#oration as a6 )e in his ,ossession in relation
to the trade carried on )6 s/ch ,erson, as a6 )e re:/ired #or the ,/r,oses o# this
Act.
(6) I# the Coission is o# the o,inion that an6 agreeent re#erred to in section * or
Ha)/se o# doinant ,osition re#erred to in section 0 or the co)ination re#erred to in
section . has ca/sed or is li@el6 to ca/se an a,,recia)le ad-erse e##ect on co,etition
in the rele-ant ar@et in India and it is necessar6 to ,rotect, 7itho/t #/rther dela6, the
interests o# cons/ers and other ar@et ,artici,ants in India, it a6 cond/ct an in:/ir6
or ad?/dicate /,on an6 atter /nder this Act a#ter gi-ing a reason a)le oral hearing to
the ,arties concerned.I
<**=
(2) The Coission shall ha-e, #or the ,/r,oses o# discharging its #/nctions
/nder this Act, the sae ,o7ers as are -ested in a Ci-il Co/rt /nder the
Code o# Ci-il Proced/re, 1542 <. o# 1542=, 7hile tr6ing a s/it, in
res,ect o# the #ollo7ing atters, nael6E+
(1) s/oning and en#orcing the attendance o# an6 ,erson and
exaining hi on oathJ
(2) re:/iring the disco-er6 and ,rod/ction o# doc/entsJ
(3) recei-ing e-idence on a##ida-itJ
(4) iss/ing coissions #or the exaination o# 7itnesses or doc/entsJ
<e= re:/isitioning, s/)?ect to the ,ro-isions o# sections 1!* and 1!0 o# the
Indian E-idence Act, 121! <1 o# 121!=, an6 ,/)lic record or doc/ent
or co,6 o# s/ch record or doc/ent #ro an6 o##ice.
(3) The Coission a6 call /,on s/ch ex,erts, #ro the #ields o#
econoics, coerce, acco/ntanc6, international trade or #ro an6 other
disci,line as it dees necessar6 to assist the Coission in the cond/ct o#
an6 in:/ir6 )6 it.
(4) The Coission a6 direct an6 ,ersonE
<a= to ,rod/ce )e#ore the "irector 'eneral or the Secretar6 or an
o##icer a/thoriGed )6 it, s/ch )oo@s, or other doc/ents in the c/stod6
or /nder the control o# s/ch ,erson so directed as a6 )e s,eci#ied or
descri)ed in the direction, )eing doc/ents relating to an6 trade, the
exaination o# 7hich a6 )e re:/ired #or the ,/r,oses o# this ActJ
<)= to #/rnish to the "irector 'eneral or the Secretar6 or an6 other
o##icer a/thoriGed )6 it, as res,ects the trade or s/ch other in#oration
as a6 )e in his ,ossession in relation to the trade carried on )6 s/ch
,erson, as a6 )e re:/ired #or the ,/r,oses o# this Act.>
3*
32. ;$itted )6 Co,etition <Aendent= Act, !441> <*5 o# !441 7ith e##ect #ro
1!th $cto)er !441=
63 Prior to oission, section *1 read as
/nderE+H Re-ie7 o# orders o# Coission
An6 ,erson aggrie-ed )6 an order o# the Coission #ro 7hich an a,,eal is allo7ed )6
this Act )/t no a,,eal has )een ,re#erred, a6, 7ithin thirt6 da6s #ro the date o# the order,
a,,l6 to the Coission #or re-ie7 o# its order and the Coission a6 a@e s/ch order
thereon as it thin@s #itE
Pro-ided that the Coission a6 entertain a re-ie7 a,,lication a#ter the ex,ir6 o# the said
,eriod o# thirt6 da6s, i# it is satis#ied that the a,,licant 7as ,re-ented )6 s/##icient ca/se #ro
,re#erring the a,,lication in tieE
Pro-ided #/rther that no order shall )e odi#ied or set aside 7itho/t gi-ing an o,,ort/nit6 o#
)eing heard to the ,erson in 7hose #a-o/r the order is gi-en and the "irector 'eneral 7here
he 7as a ,art6 to the ,roceedings.I
<*0=
Recti#ication o# orders
38. <1= 9ith a -ie7 to recti#6ing an6 ista@e a,,arent #ro the record, the
Coission a6 aend an6 order ,assed )6 it /nder the ,ro-isions o# this
Act.
(2) S/)?ect to the other ,ro-isions o# this Act, the Coission a6 a@eF
<a=an aendent /nder s/)+section <1= o# its o7n otionJ
<)= an aendent #or recti#6ing an6 s/ch ista@e 7hich has )een )ro/ght to
its notice )6 an6 ,art6 to the order.
Ex,lanation.F+ &or the reo-al o# do/)ts, it is here)6 declared that the Coission
shall not, 7hile recti#6ing an6 ista@e a,,arent #ro record, aend s/)stanti-e ,art
o# its order ,assed /nder the ,ro-isions o# this Act.
30
5Ee$1tio! o' or#er( o' Co%%i((io! i%/o(i!- %o!et"r4 /e!"lt47
3.
53=.<1= I# a ,erson #ails to ,a6 an6 onetar6 ,enalt6 i,osed on hi /nder this Act,
the Coission shall ,roceed to reco-er s/ch ,enalt6, in s/ch anner as
a6 )e s,eci#ied )6 the reg/lations.
(2) In a case 7here the Coission is o# the o,inion that it 7o/ld )e ex,edient
to reco-er the ,enalt6 i,osed /nder this Act in accordance 7ith the
,ro-isions o# the Incoe+tax Act, 1531 <0* o# 1531=, it a6 a@e a re#erence
to this e##ect to the concerned incoe+tax a/thorit6 /nder that Act #or
reco-er6 o# the ,enalt6 as tax d/e /nder the said Act.
(3) 9here a re#erence has )een ade )6 the Coission /nder s/)+section
(2) #or reco-er6 o# ,enalt6, the ,erson /,on 7ho the ,enalt6 has
)een
i,osed shall )e deeed to )e the assessee in de#a/lt /nder the Incoe
Tax Act, 1531 <0* o# 1531= and the ,ro-isions contained in sections !!1 to
!!1, !!2A, !!5, !*1 and !*! o# the said Act and the Second Sched/le
to that Act and an6 r/les ade there /nder shall, in so #ar as a6 )e,
a,,l6 as i# the said ,ro-isions 7ere the ,ro-isions o# this Act and re#erred
to s/s )6 7a6 o# ,enalt6 i,osed /nder this Act instead o# to incoe+
64 S/)s. )6 Co,etition <Aendent= Act, !441 #or HExec/tion o# orders o# CoissionI
66 H E-er6 order ,assed )6 the Coission /nder this Act shall )e en#orced )6 the Coission
in the sae anner as i# it 7ere a decree or order ade )6 a High Co/rt or the ,rinci,al ci-il
co/rt in a s/it ,ending therein and it shall )e la7#/l #or the Coission to send, in the e-ent
o# its ina)ilit6 to exec/te it, s/ch order to the High Co/rt or the ,rinci,al ci-il co/rt, as the
case a6 )e, 7ithin the local liits o# 7hose ?/risdiction,F
(1) in the case o# an order against a ,erson re#erred to in s/)+cla/se <iii= or s/)+cla/se <-i=
or s/)cla/se <-ii= o# cla/se <l= o# section !, the registered o##ice or the sole or ,rinci,al
,lace o# )/siness o# the ,erson in India or 7here the ,erson has also a s/)ordinate
o##ice, that s/)ordinate o##ice, is sit/atedJ
(2) in the case o# an order against an6 other ,erson, the ,lace, 7here the ,erson
concerned -ol/ntaril6 resides or carries on )/siness or ,ersonall6 7or@s #or gain, is
sit/ated, and there/,on the co/rt to 7hich the order is so sent shall exec/te the order
as i# it 7ere a decree or order sent to it #or exec/tion.I
<*.=
tax and s/s i,osed )6 7a6 o# ,enalt6, #ine, and interest /nder the
IncoeLtax Act, 1531 <0* o# 1531= and to the Coission instead o# the
Assessing $##icer.
Ex,lanation 1 L An6 re#erence to s/)+section <!= or s/)+section <3= o# section !!4 o#
the incoe+tax Act, 1531 <0* o# 1531=, in the said ,ro-isions o# that Act or the r/les
ade there/nder shall )e constr/ed as re#erences to sections 0* to 0. o# this Act.
Ex,lanation ! L The Tax Reco-er6 Coissioner and the Tax Reco-er6 $##icer
re#erred to in the Incoe+tax Act, 1531 <0* o# 1531= shall )e deeed to )e the Tax
Reco-er6 Coissioner and the Tax Reco-er6 $##icer #or the ,/r,oses o# reco-er6 o#
s/s i,osed )6 7a6 o# ,enalt6 /nder this Act and re#erence ade )6 the
Coission /nder s/)+section <!= 7o/ld ao/nt to dra7ing o# a certi#icate )6 the Tax
Reco-er6 $##icer as #ar as deand relating to ,enalt6 /nder this Act.
Ex,lanation *L An6 re#erence to a,,eal in Cha,ter D8II" and the Second Sched/le
to the Incoe+tax Act, 1531 <0* o# 1531=, shall )e constr/ed as a re#erence to a,,eal
)e#ore the Co,etition A,,ellate Tri)/nal /nder section .*% o# this Act.>
33
80. ;$itted )6 Co,etition <Aendent= Act, !441> <*5 o# !441 7ith e##ect #ro
1!th $cto)er !441=
66 Prior to oission, section 04 read as /nderE+
67 HAn6 ,erson aggrie-ed )6 an6 decision or order o# the Coission a6 #ile an a,,eal to the
S/,ree Co/rt 7ithin sixt6 da6s #ro the date o# co/nication o# the decision or order o# the
Coission to hi on one or ore o# the gro/nds s,eci#ied in section 144 o# the Code o# Ci-il Proced/re,
1542 <. o# 1542=E Pro-ided that the S/,ree Co/rt a6, i# it is satis#ied that the a,,ellant 7as ,re-ented
)6 s/##icient ca/se #ro #iling the a,,eal 7ithin the said ,eriod, allo7 it to )e #iled 7ithin a #/rther ,eriod
not exceeding sixt6 da6sE Pro-ided #/rther that no a,,eal shall lie against an6 decision or order o# the
Coission ade 7ith the consent o# the ,arties.I
<*3=
CHAPTER 9
&+TIES OF &IRECTOR *ENERAL
&ire$tor *e!er"l to i!0e(ti-"te $o!tr"0e!tio!
81. <1= The "irector 'eneral shall, 7hen so directed )6 the Coission,
assist the Coission in in-estigating into an6 contra-ention o# the
,ro-isions o# this Act or an6 r/les or reg/lations ade there/nder.
<!= The "irector 'eneral shall ha-e all the ,o7ers as are con#erred
/,on the Coission /nder s/)section <!= o# section *3.
(3) 9itho/t ,re?/dice to the ,ro-isions o# s/)+section <!=, sections !04 and
!04A o# the Co,anies Act, 15.3 <1 o# 15.3=, so #ar as a6 )e,
shall a,,l6 to an in-estigation ade )6 the "irector 'eneral or an6
other ,erson in-estigating /nder his a/thorit6, as the6 a,,l6 to an
ins,ector a,,ointed /nder that Act.
31
;Ex,lanation.F&or the ,/r,oses o# this section, ++
(1) the 7ords Hthe Central 'o-ernentI /nder section !04 o# the
Co,anies Act,15.3 <1 o# 15.3= shall )e constr/ed as Hthe CoissionIJ
<)= the 7ord HMagistrateI /nder section !04A o# the Co,anies Act, 15.3 <1
o#15.3= shall )e constr/ed as Hthe Chie# Metro,olitan Magistrate,
"elhiI.>
31
<*1
=
CHAPTER 9I
PENALTIES
Co!tr"0e!tio! o' or#er( o' Co%%i((io!
32
;0!.<1= The Coission a6 ca/se an in:/ir6 to )e ade into co,liance o# its
orders or directions ade in exercise o# its ,o7ers /nder the Act.
<!= I# an6 ,erson, 7itho/t reasona)le cla/se, #ails to co,l6 7ith the
orders or directions o# the Coission iss/ed /nder sections !1, !2, *1,
*!, **, 0!A and 0*A o# the Act, he shall )e ,/nisha)le 7ith #ine 7hich
a6 extend to r/,ees one la@h #or each da6 d/ring 7hich s/ch
non+co,liance occ/rs, s/)?ect to a axi/ o# r/,ees ten crore,
as the Coission a6 deterine.
(3) I# an6 ,erson does not co,l6 7ith the orders or directions iss/ed, or #ails
to ,a6 the #ine i,osed /nder s/)+section <!=, he shall, 7itho/t
,re?/dice to an6 ,roceeding /nder section *5, )e ,/nisha)le 7ith
i,risonent #or a ter 7hich a6 extend to three 6ears, or 7ith #ine
7hich a6 extend to r/,ees t7ent6+#i-e crore, or 7ith )oth, as the Chie#
Metro,olitan Magistrate, "elhi a6 dee #itE
Pro-ided that the Chie# Metro,olitan Magistrate, "elhi shall not ta@e
cogniGance o# an6 o##ence /nder this section sa-e on a co,laint #iled )6
the Coission or an6 o# its o##icers a/thoriGed )6 it.>
?=
5Co%/e!("tio! i! $"(e o' $o!tr"0e!tio! o' or#er( o' Co%%i((io!7
14
;82A. 9itho/t ,re?/dice to the ,ro-isions o# this Act, an6 ,erson a6
a@e an a,,lication to the A,,ellate Tri)/nal #or an order #or the reco-er6
o# co,ensation #ro an6 enter,rise #or an6 loss or daage sho7n to ha-e
)een s/##ered, )6 s/ch ,erson as a res/lt o# the said enter,rise -iolating
H<1= 9itho/t ,re?/dice to the ,ro-isions o# this Act, i# an6 ,erson contra-enes, 7itho/t an6
reasona)le gro/nd, an6 order o# the Coission, or an6 condition or restriction s/)?ect
to 7hich an6 a,,ro-al, sanction, direction or exe,tion in relation to an6 atter has
)een accorded, gi-en, ade or granted /nder this Act or #ails to ,a6 the ,enalt6
i,osed /nder this Act, he shall )e lia)le to )e detained in ci-il ,rison #or a ter 7hich
a6 extend to one 6ear, /nless in the eantie the Coission directs his release
and he shall also )e lia)le to a ,enalt6 not exceeding r/,ees ten la@hs.
(2) The Coission a6, 7hile a@ing an order /nder this Act, iss/e s/ch directions to
an6 ,erson or a/thorit6, not inconsistent 7ith this Act, as it thin@s necessar6 or
desira)le, #or the ,ro,er i,leentation or exec/tion o# the order, and an6 ,erson 7ho
coits )reach o#, or #ails to co,l6 7ith, an6 o)ligation i,osed on hi /nder s/ch
direction, a6 )e ordered )6 the Coission to )e detained in ci-il ,rison #or a ter
not exceeding one 6ear /nless in the eantie the Coission directs his release and
he shall also )e lia)le to a ,enalt6 not exceeding r/,ees ten la@hs.I
<*2
=
directions iss/ed )6 the Coission or contra-ening, 7itho/t an6 reason+
a)le gro/nd, an6 decision or order o# the Coission iss/ed /nder sections
!1, !2, *1, *! and ** or an6 condition or restriction s/)?ect to 7hich an6
a,,ro-al, sanction, direction or exe,tion in relation to an6 atter has
)een accorded, gi-en, ade or granted /nder this Act or dela6ing in car+
r6ing o/t s/ch orders or directions o# the Coission.>
Pe!"lt4 'or '"il1re to $o%/l4 6ith #ire$tio!( o' Co%%i((io! "!# &ire$tor *e!er"l
11
583. I# an6 ,erson #ails to co,l6, 7itho/t reasona)le ca/se, 7ith a direction gi-en
)6F
(1) the Coission /nder s/)+sections <!= and <0= o# section *3J or
(2) the "irector 'eneral 7hile exercising ,o7ers re#erred to in s/)+section
<!=o# section 01,
s/ch ,erson shall )e ,/nisha)le 7ith #ine 7hich a6 extend to r/,ees one la@h #or
each da6 d/ring 7hich s/ch #ail/re contin/es s/)?ect to a axi/ o# r/,ees one
crore, as a6 )e deterined )6 the Coission.>
1!
5Po6er to i%/o(e /e!"lt4 'or !o!.'1r!i(hi!- o' i!'or%"tio! o! $o%,i!"tio!(7
1*
583A. I# an6 ,erson or enter,rise 7ho #ails to gi-e notice to the Coission /nder
s/)+ section<!= o# section 3, the Coission shall i,ose on s/ch ,erson or
enter,rise a ,enalt6 7hich a6 extend to one ,ercent, o# the total t/rno-er or
the assets, 7hiche-er is higher, o# s/ch a co)ination.>
Pe!"lt4 'or %"@i!- '"l(e (t"te%e!t or o%i((io! to '1r!i(h %"teri"l i!'or%"tio!
88. I# an6 ,erson, )eing a ,art6 to a co)ination,F
(1) a@es a stateent 7hich is #alse in an6 aterial ,artic/lar, or @no7ing it
to )e #alseJ or
<)= oits to state an6 aterial ,artic/lar @no7ing it to )e aterial,
s/ch ,erson shall )e lia)le to a ,enalt6 7hich shall not )e less than
r/,ees #i#t6 la@hs )/t 7hich a6 extend to r/,ees one crore, as a6 )e
deterined )6 the Coission.
72 HI# an6 ,erson #ails to co,l6 7ith a direction gi-en )6F
(1) the Coission /nder s/)+section <.= o# section *3J or
(2) the "irector 'eneral 7hile exercising ,o7ers re#erred to in s/)+section <!= o# section
01, the Coission shall i,ose on s/ch ,erson a ,enalt6 o# r/,ees one la@h #or each
da6 d/ring 7hich s/ch #ail/re contin/es.I
<*5
=
Pe!"lt4 'or o''e!$e( i! rel"tio! to '1r!i(hi!- o' i!'or%"tio!
10
;8<.<1= 9itho/t ,re?/dice to the ,ro-isions o# section 00, i# a ,erson, 7ho #/rnishes
or is re:/ired to #/rnish /nder this Act an6 ,artic/lars, doc/ents or an6
in#oration,F
<a= a@es an6 stateent or #/rnishes an6 doc/ent 7hich he @no7s
or has reason to )elie-e to )e #alse in an6 aterial ,artic/larJ or
(2) oits to state an6 aterial #act @no7ing it to )e aterialJ or
<c= 7il#/ll6 alters, s/,,resses or destro6s an6 doc/ent 7hich is re:/ired
to )e #/rnished as a#oresaid,
s/ch ,erson shall )e ,/nisha)le 7ith #ine 7hich a6 extend to r/,ees one crore as
a6 )e deterined )6 the Coission.>
(2) 9itho/t ,re?/dice to the ,ro-isions o# s/)+section<1=, the Coission a6
also ,ass s/ch other order as it dees #it.
Po6er to i%/o(e le((er /e!"lt4
46. The Coission a6, i# it is satis#ied that an6 ,rod/cer, seller, distri)/tor, trader
or ser-ice ,ro-ider incl/ded in an6 cartel, 7hich is alleged to ha-e -iolated
section *, has ade a #/ll and tr/e disclos/re in res,ect o# the alleged -iolations
and s/ch disclos/re is -ital, i,ose /,on s/ch ,rod/cer, seller, distri)/tor, trader
or ser-ice ,ro-ider a lesser ,enalt6 as it a6 dee #it, than le-ia)le /nder this
Act or the r/les or the reg/lationsE
1.
;Pro-ided that lesser ,enalt6 shall not )e i,osed )6 the Coission in cases
7here the re,ort o# in-estigation directed /nder section !3 has )een recei-ed
)e#ore a@ing o# s/ch disclos/re.>
Pro-ided #/rther that lesser ,enalt6 shall )e i,osed )6 the Coission
onl6 in res,ect o# a ,rod/cer, seller, distri)/tor, trader or ser-ice ,ro-ider
incl/ded in the cartel, 7ho
13
;has> ade the #/ll, tr/e and -ital disclos/res
/nder this section.
10
S/)s. )6 Co,etition <Aendent= Act, !441 #or E
H<1= 9itho/t ,re?/dice to the ,ro-isions o# section 00, i# an6 ,erson, 7ho #/rnishes or is
re:/ired to #/rnish /nder this Act an6 ,artic/lars, doc/ents or an6 in#orationF
(1) a@es an6 stateent or #/rnishes an6 doc/ent 7hich he @no7s or has reason to
)elie-e to )e #alse in an6 aterial ,artic/larJ or
(2) oits to state an6 aterial #act @no7ing it to )e aterialJ or
(3) 7il#/ll6 alters, s/,,resses or destro6s an6 doc/ent 7hich is re:/ired to )e #/rnished
as a#oresaid, the Coission shall i,ose on s/ch ,erson a ,enalt6 7hich a6
extend to r/,ees ten la@hs.I
1.
HPro-ided that lesser ,enalt6 shall not )e i,osed )6 the Coission in cases 7here
,roceedings #or the -iolation o# an6 o# the ,ro-isions o# this Act or the r/les or has the
reg/lations ha-e )een instit/ted or an6 in-estigation has )een directed to )e ade /nder
section !3 )e#ore a@ing o# s/ch disclos/reEI
13
S/)s. )6 Co,etition <Aendent= Act, !441 #or H#irstI
<04=
11
;Pro-ided also that lesser ,enalt6 shall not )e i,osed )6 the Coission i# the
,erson a@ing the disclos/re does not contin/e to coo,erate 7ith the Cois+
sion till the co,letion o# the ,roceedings )e#ore the Coission.>
Pro-ided also that the Coission a6, i# it is satis#ied that s/ch ,rod/cer, seller,
distri)/tor, trader or ser-ice ,ro-ider incl/ded in the cartel had in the co/rse o#
,roceedings,F
(1) not co,lied 7ith the condition on 7hich the lesser ,enalt6 7as i,osed
)6 the CoissionJ or
(2) had gi-en #alse e-idenceJ or
(3) the disclos/re ade is not -ital,
and there/,on s/ch ,rod/cer, seller, distri)/tor, trader or ser-ice ,ro-ider a6 )e
tried #or the o##ence 7ith res,ect to 7hich the lesser ,enalt6 7as i,osed and shall
also )e lia)le to the i,osition o# ,enalt6 to 7hich s/ch ,erson has )een lia)le, had
lesser ,enalt6 not )een i,osed.
Cre#iti!- (1%( re"li(e# ,4 6"4 o' /e!"ltie( to Co!(oli#"te# F1!# o' I!#i"
82. All s/s realised )6 7a6 o# ,enalties /nder this Act shall )e credited to the
Consolidated &/nd o# India.
Co!tr"0e!tio! ,4 $o%/"!ie(
83. <1= 9here a ,erson coitting contra-ention o# an6 o# the ,ro-isions o# this
Act or o# an6 r/le, reg/lation, order ade or direction iss/ed there/nder
is a co,an6, e-er6 ,erson 7ho, at the tie the contra-ention 7as
coitted, 7as in charge o#, and 7as res,onsi)le to the co,an6 #or the
cond/ct o# the )/siness o# the co,an6, as 7ell as the co,an6, shall
)e deeed to )e g/ilt6 o# the contra-ention and shall )e lia)le to
)e ,roceeded against and ,/nished accordingl6E
Pro-ided that nothing contained in this s/)+section shall render an6 s/ch
,erson lia)le to an6 ,/nishent i# he ,ro-es that the contra-ention 7as
coitted 7itho/t his @no7ledge or that he had exercised all d/e diligence
to ,re-ent the coission o# s/ch contra-ention.
(2)Not7ithstanding an6thing contained in s/)+section <1=, 7here a
contra-ention o# an6 o# the ,ro-isions o# this Act or o# an6 r/le, reg/lation,
order ade or direction iss/ed there/nder has )een coitted )6 a
co,an6 and it is ,ro-ed that the contra-ention has ta@en ,lace 7ith
the consent or conni-ance o#, or is attri)/ta)le to an6 neglect on the
,art o#, an6 director, anager, secretar6 or other o##icer o# the co,an6,
s/ch director, anager, secretar6 or other o##icer shall also )e deeed
to )e g/ilt6 o# that contra-ention and shall )e lia)le to )e ,roceeded
against and ,/nished accordingl6.
Ex,lanation.F&or the ,/r,oses o# this section,F
(1) Ico,an6I eans a )od6 cor,orate and incl/des a #ir or other association
o# indi-id/alsJ and
(2) IdirectorI, in relation to a #ir, eans a ,artner in the #ir.
11
<01
=
CHAPTER 9II
COMPETITION A&9OCACY
Co%/etitio! A#0o$"$4
8=.
12
;<1= The Central 'o-ernent a6, in #or/lating a ,olic6 on co,etition
<incl/ding re-ie7 o# la7s related to co,etition= or an6 other
atter, and a State 'o-ernent a6, in #or/lating a ,olic6 on
co,etition or on an6 other atter, as the case a6 )e, a@e a
re#erence to the Coission #or its o,inion on ,ossi)le e##ect o# s/ch
,olic6 on co,etition and on the recei,t o# s/ch a re#erence, the
Coission shall, 7ithin sixt6 da6s o# a@ing s/ch re#erence, gi-e its
o,inion to the Central 'o-ernent, or the State 'o-ernent, as the case
a6 )e, 7hich a6 therea#ter ta@e #/rther action as it dees #it.>
(2) The o,inion gi-en )6 the Coission /nder s/)+section <1= shall not )e
)inding /,on the Central 'o-ernent
15
;or the State 'o-ernent, as the
case a6 )e> in #or/lating s/ch ,olic6.
<*= The Coission shall ta@e s/ita)le eas/res
24
;NNN> #or the
,rootion o# co,etition ad-ocac6, creating a7areness and i,arting
training a)o/t co,etition iss/es.
79 H<1= In #or/lating a ,olic6 on co,etition <incl/ding re-ie7 o# la7s related to co,etition=, the
Central 'o-ernent a6 a@e a re#erence to the Coission #or its o,inion on ,ossi)le e##ect o#
s/ch ,olic6 on co,etition and on recei,t o# s/ch a re#erence, the Coission shall, 7ithin sixt6
da6s o# a@ing s/ch re#erence, gi-e its o,inion to the Central
'o-ernent, 7hich a6 therea#ter #or/late the ,olic6 as it dees #it.I
81 The 7ords Has a6 )e ,rescri)edI oitted )6 Co,etition <Aendent= Act, !441
<0!
=
CHAPTER 9III
FINANCE, ACCO+NTS AN& A+&IT
*r"!t( ,4 Ce!tr"l *o0er!%e!t
<0. The Central 'o-ernent a6, a#ter d/e a,,ro,riation ade )6 Parliaent )6
la7 in this )ehal#, a@e to the Coission grants o# s/ch s/s o# one6 as the
'o-ernent a6 thin@ #it #or )eing /tilised #or the ,/r,oses o# this Act.
Co!(tit1tio! o' F1!#
51. <1= There shall )e constit/ted a #/nd to )e called the HCo,etition &/ndI
and there shall )e credited theretoF
(1) all 'o-ernent grants recei-ed )6 the CoissionJ
21
<)= ;$itted )6 Co,etition <Aendent= Act, !441> <c= the #ees recei-ed
/nder this ActJ
(4) the interest accr/ed on the ao/nts re#erred to in
2!
;cla/ses <a= and <c=>.
(2)The &/nd shall )e a,,lied #or eetingF
<a= the salaries and allo7ances ,a6a)le to the Chair,erson and
other Me)ers and the adinistrati-e ex,enses incl/ding the salaries,
allo7ances and ,ension ,a6a)le to the "irector 'eneral, Additional,
Boint, "e,/t6 or Assistant "irectors 'eneral, the Registrar and
o##icers and other e,lo6ees o# the CoissionJ
(2) the other ex,enses o# the Coission in connection 7ith the discharge
o# its #/nctions and #or the ,/r,oses o# this Act.
<*= The &/nd shall )e adinistered )6 a coittee o# s/ch Me)ers
o# the Coission as a6 )e deterined )6 the Chair,erson.
<0= The coittee a,,ointed /nder s/)+section <*= shall s,end onies
o/t o# the &/nd #or carr6ing o/t the o)?ects #or 7hich the &/nd has )een
constit/ted.
A$$o1!t( "!# A1#it
.!. <1= The Coission shall aintain ,ro,er acco/nts and other rele-ant records
and ,re,are an ann/al stateent o# acco/nts in s/ch #or as a6 )e
,rescri)ed )6 the Central 'o-ernent in cons/ltation 7ith the Co,troller
and A/ditor+'eneral o# India.
81 Prior to oission, cla/se <)= o# section .1<1= read as /nder E+
82 Hthe onies recei-ed as costs #ro ,arties to ,roceedings )e#ore the CoissionJI
83 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hcla/ses <a= to <c=I
<0*
=
<!= The acco/nts o# the Coission shall )e a/dited )6 the Co,troller and
A/ditor+ 'eneral o# India at s/ch inter-als as a6 )e s,eci#ied )6
hi and an6 ex,endit/re inc/rred in connection 7ith s/ch a/dit shall
)e ,a6a)le )6 the Coission to the Co,troller and A/ditor+'eneral o#
India.
Ex,lanation.F&or the reo-al o# do/)ts, it is here)6 declared that the orders o# the
Coission, )eing atters a,,eala)le to the
2*
;A,,ellate Tri)/nal or the S/,ree
Co/rt>, shall not )e s/)?ect to a/dit /nder this section.
<*= The Co,troller and A/ditor+'eneral o# India and an6 other ,erson
a,,ointed )6 hi in connection 7ith the a/dit o# the acco/nts o# the
Coission shall ha-e the sae rights, ,ri-ileges and a/thorit6 in
connection 7ith s/ch a/dit as the Co,troller and A/ditor+'eneral o#
India generall6 has, in connection 7ith the a/dit o# the 'o-ernent
acco/nts and, in ,artic/lar, shall ha-e the right to deand the
,rod/ction o# )oo@s, acco/nts, connected -o/chers and other
doc/ents and ,a,ers and to ins,ect an6 o# the o##ices o# the Coission.
(4)The acco/nts o# the Coission as certi#ied )6 the Co,troller and
A/ditor+ 'eneral o# India or an6 other ,erson a,,ointed )6 hi in this )ehal#
together 7ith the a/dit re,ort thereon shall )e #or7arded ann/all6 to the
Central 'o-ernent and that 'o-ernent shall ca/se the sae to )e laid
)e#ore each Ho/se o# Parliaent.
F1r!i(hi!- o' ret1r!(, et$., to Ce!tr"l *o0er!%e!t
<3. <1= The Coission shall #/rnish to the Central 'o-ernent at s/ch tie
and in s/ch #or and anner as a6 )e ,rescri)ed or as the Central 'o-+
ernent a6 direct, s/ch ret/rns and stateents and s/ch ,artic/lars
in regard to an6 ,ro,osed or existing eas/res #or the ,rootion o#
co,etition ad-ocac6, creating a7areness and i,arting training a)o/t
co,etition iss/es, as the Central 'o-ernent a6, #ro tie to tie,
re:/ire.
<!= The Coission shall ,re,are once in e-er6 6ear, in s/ch #or and at s/ch
tie as a6 )e ,rescri)ed, an ann/al re,ort gi-ing a tr/e and #/ll acco/nt o#
its acti-ities d/ring the ,re-io/s 6ear and co,ies o# the re,ort shall )e
#or7arded to the Central 'o-ernent.
(3)A co,6 o# the re,ort recei-ed /nder s/)+section <!= shall )e laid, as soon as
a6 )e a#ter it is recei-ed, )e#ore each Ho/se o# Parliaent.
2*
S/)s. )6 Co,etition <Aendent= Act, !441 #or HS/,ree Co/rtI
<00=
38
5CHAPTER 9IIIA
COMPETITON APPELLATE TRI)+NAL
E(t",li(h%e!t o' A//ell"te Tri,1!"lB
<3A. <1= The Central 'o-ernent shall, )6 noti#ication, esta)lish an A,,ellate
Tri)/nal to )e @no7n as Co,etition A,,ellate Tri)/nal L
<a= to hear and dis,ose o# a,,eals against an6 direction iss/ed or decision
ade or order ,assed )6 the Coission /nder s/)+sections
<!= and <3= o# section !3, section !1, section !2, section *1, section
*!, section **, section *2, section *5, section 0*, section 0*A, section
00, section 0. or section 03 o# the ActJ
<)= to ad?/dicate on clai #or co,ensation that a6 arise #ro the #indings
o# the Coission or the orders o# the A,,ellate Tri)/nal in an a,,eal
against an6 #inding o# the Coission or /nder section
0!A or /nder s/)+ section<!= o# section .*A o# this Act, and ,ass orders
#or the reco-er6 o# co,ensation /nder section .*N o# this Act.
(2)The Head:/arter o# the A,,ellate Tri)/nal shall )e at s/ch ,lace as the
Central 'o-ernent a6, )6 noti#ication, s,eci#6.
A//e"l to A//ell"te Tri,1!"l
<3). <1= The Central 'o-ernent or the State 'o-ernent or a local a/thorit6
or enter,rise or an6 ,erson, aggrie-ed )6 an6 direction, decision or order
re#erred to in cla/se <a= o# section .*A a6 ,re#er an a,,eal to the A,,ellate
Tri)/nal.
(2)E-er6 a,,eal /nder s/)+section <1= shall )e #iled 7ithin a ,eriod o# sixt6 da6s
#ro the date on 7hich a co,6 o# the direction or decision or order ade )6 the
Coission is recei-ed )6 the Central 'o-ernent or the State 'o-ernent or
a local a/thorit6 or enter,rise or an6 ,erson re#erred to in that
s/)+section and it shall )e in s/ch #or and )e acco,anied )6 s/ch #ee as
a6 )e ,rescri)edE
Pro-ided that the A,,ellate Tri)/nal a6 entertain an a,,eal a#ter the ex,ir6
o# the said ,eriod o# sixt6 da6s i# it is satis#ied that there 7as s/##icient ca/se
#or not #iling it 7ithin that ,eriod.
<*= $n recei,t o# an a,,eal /nder s/)+section <1=, the A,,ellate Tri)/nal a6,
a#ter gi-ing the ,arties to the a,,eal, an o,,ort/nit6 o# )eing heard, ,ass
s/ch orders thereon as it thin@s #it, con#iring, odi#6ing or setting
aside the direction, decision or order a,,ealed against.
<0= The A,,ellate Tri)/nal shall send a co,6 o# e-er6 order ade )6 it to
the Coission and the ,arties to the a,,eal.
20
HCha,ter 8IIIAI Inserted )6 Co,etition <Aendent= Act, !441
<0.=
<.= The a,,eal #iled )e#ore the A,,ellate Tri)/nal /nder s/)+section <1=
shall )e dealt 7ith )6 it as ex,editio/sl6 as ,ossi)le and endea-o/r shall
)e ade )6 it to dis,ose o# the a,,eal 7ithin six onths #ro the date o#
recei,t o# the a,,eal.
Co%/o(itio! o' A//ell"te Tri,1!"l
<3C. The A,,ellate Tri)/nal shall consist o# a Chair,erson and not ore than
t7o other e)ers to )e a,,ointed )6 the Central 'o-ernent.
C1"li'i$"tio!( 'or "//oi!t%e!t o' Ch"ir/er(o! "!# Me%,er( o' A//ell"te Tri,1!"l
<3&.<1= The Chair,erson o# the A,,ellate Tri)/nal shall )e a ,erson, 7ho is,
or has )een a B/dge o# the S/,ree Co/rt or the Chie# B/stice o# a High
Co/rt.
<!= A e)er o# the A,,ellate Tri)/nal shall )e a ,erson o# a)ilit6, integrit6
and standing ha-ing s,ecial @no7ledge o#, and ,ro#essional ex,erience o#
not less than t7ent6 #i-e 6ears in, co,etition atters incl/ding
co,etition la7 and ,olic6, international trade, econoics, )/siness,
coerce, la7, #inance, acco/ntanc6, anageent, ind/str6, ,/)lic
a##airs, adinistration or in an6 other atter 7hich in the o,inion o# the
Central 'o-ernent, a6 )e /se#/l to the A,,ellate Tri)/nal.
Sele$tio! Co%%ittee
<3E.<1= The Chair,erson and e)ers o# the A,,ellate Tri)/nal shall )e a,,ointed
)6 the Central 'o-ernent #ro a ,anel o# naes recoended )6 a
Selection Coittee consisting o# L
<a= the Chie# B/stice o# India or his noinee OOO. Chair,ersonJ
<)= the Secretar6 in the Ministr6 o# Cor,orate A##airsOOO. Me)erJ
(3) the Secretar6 in the Ministr6 o# La7 and B/stice OOO. Me)er.
(2) The ters o# the Selection Coittee and the anner o# selection o#
,anel o# naes shall )e s/ch as a6 )e ,rescri)ed.
Ter% o' o''i$e o' Ch"ir/er(o! "!# Me%,er( o' A//ell"te Tri,1!"l
<3F. The Chair,erson or a e)er o# the A,,ellate Tri)/nal shall hold o##ice as
s/ch #or a ter o# #i-e 6ears #ro the date on 7hich he enters /,on his o##ice,
and shall )e eligi)le #or re+a,,ointentE
Pro-ided that no Chair,erson or other e)er o# the A,,ellate Tri)/nal shall
hold o##ice as s/ch a#ter he has attained, +
(1) in the case o# the Chair,erson, the age o# sixt6+eight 6earsJ
(2) in the case o# an6 other e)er o# the A,,ellate Tri)/nal, the age o# sixt6+
#i-e 6ears.
<03
=
Ter%( "!# $o!#itio!( o' (er0i$e o' $h"ir/er(o! "!# Me%,er( o' A//ell"te
Tri,1!"l
<3*(1)The ("l"rie( "!# "llo6"!$e( "!# other ter%( "!# $o!#itio!( o' (er0i$e o'
the Ch"ir/er(o! "!# other %e%,er( o' the A//ell"te Tri,1!"l (h"ll ,e (1$h "(
%"4 ,e /re($ri,e#.
<!= The salaries, allo7ances and other ters and conditions o# ser-ice
o# the Chair,erson and other e)ers o# the A,,ellate Tri)/nal shall
not )e -aried to their disad-antage a#ter their a,,ointent.
9"$"!$ie(
<3H. I#, #or an6 reason other than te,orar6 a)sence, an6 -acanc6 occ/rs in the
o##ice o# the Chair,erson or a e)er o# the A,,ellate Tri)/nal,
the Central 'o-ernent shall a,,oint another ,erson in accordance 7ith
the ,ro-isions o# this Act to #ill the -acanc6 and the ,roceedings a6 )e
contin/ed )e#ore the A,,ellate Tri)/nal #ro the stage at 7hich the -acanc6
is #illed.
Re(i-!"tio! o' Ch"ir/er(o! "!# Me%,er( o' A//ell"te Tri,1!"l
<3I. The Chair,erson or a e)er o# the A,,ellate Tri)/nal a6, )6 notice in
7riting /nder his hand addressed to the Central 'o-ernent, resign his
o##iceE
Pro-ided that the Chair,erson or a e)er o# the A,,ellate Tri)/nal shall,
/nless he is ,eritted )6 the Central 'o-ernent to relin:/ish his o##ice
sooner, contin/e to hold o##ice /ntil the ex,ir6 o# three onths #ro the date
o# recei,t o# s/ch notice or /ntil a ,erson d/l6 a,,ointed as his s/ccessor
enters /,on his o##ice or /ntil the ex,ir6 o# his ter o# o##ice, 7hiche-er is the
earliest.
Me%,er o' A//ell"te Tri,1!"l to "$t "( it( Ch"ir/er(o! i! $ert"i! $"(e(
<3D. <1= In the e-ent o# the occ/rrence o# an6 -acanc6 in the o##ice o# the Chair,erson
o# the A,,ellate Tri)/nal )6 reason o# his death or resignation, the senior+
ost Me)er o# the A,,ellate Tri)/nal shall act as the Chair,erson o# the
A,,ellate Tri)/nal /ntil the date on 7hich a ne7 Chair,erson a,,ointed in
accordance 7ith the ,ro-isions o# this Act to #ill s/ch -acanc6 enters /,on
his o##ice.
(2) 9hen the Chair,erson o# the A,,ellate Tri)/nal is /na)le to discharge his
#/nctions o7ing to a)sence, illness or an6 other ca/se, the senior+ost
e)er or, as the case a6 )e, s/ch one o# the Me)ers o# the A,,ellate
Tri)/nal, as the Central 'o-ernent a6, )6 noti#ication, a/thoriGe in
this )ehal#, shall discharge the #/nctions o# the Chair,erson /ntil the
date on 7hich the Chair,erson res/es his d/ties.
<01
=
Re%o0"l "!# (1(/e!(io! o' Ch"ir/er(o! "!# Me%,er( o' A//ell"te Tri,1!"l
<3E.<1= The Central 'o-ernent a6, in cons/ltation 7ith the Chie# B/stice o#
India, reo-e #ro o##ice the Chair,erson or an6 other e)er o# the
A,,ellate Tri)/nal, 7ho+
(1) has )een ad?/dged an insol-entJ or
(2) has engaged at an6 tie, d/ring his ters o# o##ice, in an6 ,aid
e,lo6entJ or
(3) has )een con-icted o# an o##ence 7hich, in the o,inion o# the Centra
'o-ernent, in-ol-es oral t/r,it/deJ or
<d= has )ecoe ,h6sicall6 or entall6 inca,a)le o# acting as s/ch
Chair,erson or other Me)er o# the A,,ellate Tri)/nalJ or
<e= has ac:/ired s/ch #inancial or other interest as is li@el6 to
a##ect ,re?/diciall6 his #/nctions as s/ch Chair,erson or Me)er o# the
A,,ellate Tri)/nalJ or
<#= has so a)/sed his ,osition as to render his contin/ance in
o##ice ,re?/dicial to the ,/)lic interest.
<!= Not7ithstanding an6thing contained in s/)+section <1=, no Chair,erson
or a Me)er o# the A,,ellate Tri)/nal shall )e reo-ed #ro his o##ice on
the gro/nd s,eci#ied in cla/se <e= or cla/se <#= o# s/)+section <1= exce,t )6
an order ade )6 the Central 'o-ernent a#ter an in:/ir6 ade in this
)ehal# )6 a B/dge o# the S/,ree Co/rt in 7hich s/ch Chair,erson or
e)er had )een in#ored o# the charges against hi and gi-en a
reasona)le o,+,ort/nit6 o# )eing heard in res,ect o# those charges.
Re(tri$tio! o! e%/lo4%e!t o' Ch"ir/er(o! "!# other Me%,er( o' A//ell"te
Tri,1!"l i! $ert"i! $"(e(
<3L. The Chair,erson and other e)ers o# the A,,ellate Tri)/nal shall not,
#or a ,eriod o# t7o 6ears #ro the date on 7hich the6 cease to hold o##ice,
acce,t an6 e,lo6ent in, or connected 7ith the anageent or adinis+
tration o#, an6 enter,rise 7hich has )een a ,art6 to a ,roceeding )e#ore the
A,,ellate Tri)/nal /nder this ActE
Pro-ided that nothing contained in this section shall a,,l6 to an6 e,lo6+ent
/nder the Central 'o-ernent or a State 'o-ernent or local a/thorit6 or in an6
stat/tor6 a/thorit6 or an6 cor,oration esta)lished )6 or /nder an6
Central, State or Pro-incial Act or a 'o-ernent Co,an6 as de#ined in
section 311 o# the Co,anies Act,15.3 <1 o# 15.3=.
St"'' o' A//ell"te Tri,1!"l
<3M.<1= The Central 'o-ernent shall ,ro-ide the A,,ellate Tri)/nal 7ith s/ch
o##icers and other e,lo6ees as it a6 thin@ #it.
<!= The o##icers and other e,lo6ees o# the A,,ellate Tri)/nal shall dis charge
their #/nctions /nder the general s/,erintendence and control o# the
Chair,erson o# the A,,ellate Tri)/nal.
<02=
(3) The salaries and allo7ances and other conditions o# ser-ice o# the o##icers
and other e,lo6ees o# the A,,ellate Tri)/nal shall )e s/ch as a6 )e
,rescri)ed.
A6"r#i!- $o%/e!("tio!
<3N.<1= 9itho/t ,re?/dice to an6 other ,ro-isions contained in this Act, the
Central 'o-ernent or a State 'o-ernent or a local a/thorit6 or an6
enter,rise or an6 ,erson a6 a@e an a,,lication to the A,,ellate Tri)/nal
to ad?/dicate on clai #or co,ensation that a6 arise #ro the #indings
o# the Coission or the orders o# the A,,ellate Tri)/nal in an a,,eal
against an6 #indings o# the Coission or /nder section 0!A or /nder
s/)+section<!= o# section .*A o# the Act, and to ,ass an order #or the re+
co-er6 o# co,ensation #ro an6 enter,rise #or an6 loss or daage sho7n to
ha-e )een s/##ered, )6 the Central 'o-ernent or a State 'o-ernent or a
local a/thorit6 or an6 enter,rise or an6 ,erson as a res/lt o# an6 contra-en+
tion o# the ,ro-isions o# Cha,ter II, ha-ing )een coitted )6 enter,rise.
<!= E-er6 a,,lication ade /nder s/)+section <1= shall )e acco,anied
)6 the #indings o# the Coission, i# an6, and also )e acco,anied 7ith
s/ch #ees as a6 )e ,rescri)ed.
(3) The A,,ellate Tri)/nal a6, a#ter an in:/ir6 ade into the allegations
entioned in the a,,lication ade /nder s/)+section <1=, ,ass an order
directing the enter,rise to a@e ,a6ent to the a,,licant, o# the ao/nt de+
terined )6 it as realisa)le #ro the enter,rise as co,ensation #or the loss
or daage ca/sed to the a,,licant as a res/lt o# an6 contra-ention o# the
,ro-isions o# Cha,ter II ha-ing )een coitted )6 s/ch enter,riseE
Pro-ided that the A,,ellate Tri)/nal a6 o)tain the recoendations o# the
Coission )e#ore ,assing an order o# co,ensation.
(4) 9here an6 loss or daage re#erred to in s/)+section <1= is ca/sed to
n/ero/s ,ersons ha-ing the sae interest, one or ore o# s/ch ,ersons
a6, 7ith the ,erission o# the A,,ellate Tri)/nal, a@e an a,,lication
/nder that s/)+section #or and on )ehal# o#, or #or the )ene#it o#, the ,ersons
so interested, and there/,on, the ,ro-isions o# r/le 2 o# $rder 1 o# the &irst
Sched/le to the Code o# Ci-il Proced/re, 1542 <. o# 1542=, shall a,,l6
s/)?ect to the odi#ication that e-er6 re#erence therein to a s/it or decree
shall )e constr/ed as a re#erence to the a,,lication )e#ore the A,,ellate
Tri)/nal and the order o# the A,,ellate Tri)/nal thereon.
Ex,lanation.F&or the reo-al o# do/)ts, it is here)6 declared thatF
(1) an a,,lication a6 )e ade #or co,ensation )e#ore the A,,ellate Tri)/nal
onl6 a#ter either the Coission or the A,,ellate Tri)/nal on a,,eal /nder
cla/se <a= o# s/)+section<1= o# section .*A o# the Act, has deterined in a
,roceeding )e#ore it that -iolation o# the ,ro-isions o# the Act has ta@en
,lace, or i# ,ro-isions o# section 0!A or s/)+section<!= o# sec+tion .*A o# the
Act are attracted.
<05=
<)= en:/ir6 to )e cond/cted /nder s/)+section<*= shall )e #or the
,/r,ose o# deterining the eligi)ilit6 and :/ant/ o# co,ensation d/e
to a ,erson a,,l6ing #or the sae, and not #or exaining a#resh the
#indings o# the Coission or the A,,ellate Tri)/nal on 7hether an6
-iolation o# the Act has ta@en ,lace.
Pro$e#1re( "!# /o6er( o' A//ell"te Tri,1!"l
<3O.<1= The A,,ellate Tri)/nal shall not )e )o/nd )6 the ,roced/re laid do7n in
the Code o# Ci-il Proced/re, 1542 <. o# 1542=, )/t shall )e g/ided )6 the
,rinci,les o# nat/ral ?/stice and, s/)?ect to the other ,ro-isions o# this Act
and o# an6 r/les ade )6 the Central 'o-ernent, the A,,ellate Tri)/nal
shall ha-e ,o7er to reg/late its o7n ,roced/re incl/ding the ,laces at
7hich the6 shall ha-e their sittings.
(2) The A,,ellate Tri)/nal shall ha-e, #or the ,/r,oses o# discharging its
#/nctions /nder this Act, the sae ,o7ers as are -ested in a ci-il co/rt /nder
the Code o#
Ci-il Proced/re, 1542 <. o# 1542= 7hile tr6ing a s/it in res,ect o# the #ollo7ing
atters, nael6E+
a= s/oning and en#orcing the attendance o# an6 ,erson and exaining hi
on oathJ
)= re:/iring the disco-er6 and ,rod/ction o# doc/entsJ
c= recei-ing e-idence on a##ida-itJ
d= s/)?ect to the ,ro-isions o# sections 1!* and 1!0 o# the Indian E-idence
Act, 121! <1 o# 121!=, re:/isitioning an6 ,/)lic record or doc/ent or
co,6 o# s/ch record or doc/ent #ro an6 o##iceJ
5) iss/ing coissions #or the exaination o# 7itnesses or doc/entsJ
6) re-ie7ing its decisionsJ
7) disissing a re,resentation #or de#a/lt or deciding it ex,arteJ
8) setting aside an6 order o# disissal o# an6 re,resentation #or de#a/lt or
an6 order ,assed )6 it ex ,arteJ
9) an6 other atter 7hich a6 )e ,rescri)ed.
(3) E-er6 ,roceedings )e#ore the A,,ellate Tri)/nal shall )e deeed to )e
?/dicial ,roceedings 7ithin the eaning o# sections 15* and !!2, and #or the
,/r,oses o# section 153, o# the Indian Penal Code <0. o# 1234= and the
A,,ellate Tri)/nal shall )e deeed to )e a ci-il co/rt #or the ,/r,oses o#
section 15. <! o# 1510= and Cha,ter DD8I o# the Code or Criinal Proce+
d/re, 151*.
Ee$1tio! o' or#er( o' A//ell"te Tri,1!"l
<3P.<1= E-er6 order ade )6 the A,,ellate Tri)/nal shall )e en#orced )6 it in t h e
sae anner as i# it 7ere a decree ade )6 a co/rt in a s/it ,ending
<.4
=
therein, and it shall )e la7#/l #or the A,,ellate Tri)/nal to send, in case o# its ina)ilit6
to exec/te s/ch order, to the co/rt 7ithin the local liits o# 7hose ?/risdiction,+
1) in the case o# an order against a co,an6, the registered o##ice o# the
co,an6 is sit/atedJ or
2) in the case o# an order against an6 other ,erson, ,lace 7here the
,erson concerned -ol/ntaril6 resides or carries on )/siness or
,ersonall6 7or@s #or gain, is sit/ated.
(2) Not7ithstanding an6thing contained in s/)+section <1=, the A,,ellate Tri)/nal
a6 transit an6 order ade )6 it to a ci-il co/rt ha-ing local ?/risdiction and
s/ch ci-il co/rt shall exec/te the order as i# it 7ere a decree ade )6 that
co/rt.
Co!tr"0e!tio! o' or#er( o' A//ell"te Tri,1!"l
<3C.<1= 9itho/t ,re?/dice to the ,ro-isions o# this Act, i# an6 ,erson
contra-enes, 7itho/t an6 reasona)le gro/nd, an6 order o# the A,,ellate
Tri)/nal, he shall )e lia)le #or a ,enalt6 o# not exceeding r/,ees one crore
or i,risonent #or a ter /, to three 6ears or 7ith )oth as the Chie#
Metro,olitan Magistrate, "elhi a6 dee #itE
Pro-ided that the Chie# Metro,olitan Magistrate, "elhi shall not ta@e cogni+
Gance o# an6 o##ence ,/nisha)le /nder this s/)+section, sa-e on a co,laint
ade )6 an o##icer a/thoriGed )6 the A,,ellate Tri)/)nal.
<!= 9itho/t ,re?/dice to the ,ro-isions o# this Act, an6 ,erson a6 a@e
an a,,lication to the A,,ellate Tri)/nal #or an order #or the reco-er6
o# co,ensation #ro an6 enter,rise #or an6 loss or daage sho7n to ha-e
)een s/##ered, )6 s/ch ,erson as a res/lt o# the said enter,rise contra-en+
ing, 7itho/t an6 reasona)le gro/nd, an6 order o# the A,,ellate Tri)/nal
or dela6ing in carr6ing o/t s/ch orders o# the A,,ellate Tri)/nal.
9"$"!$4 i! A//ell"te Tri,1!"l !ot to i!0"li#"te "$t( or /ro$ee#i!-(
<3R. No act or ,roceeding o# the A,,ellate Tri)/nal shall )e :/estioned or
shall )e in-alid erel6 on the gro/nd o# existence o# an6 -acanc6 or
de#ect in the constit/tion o# the A,,ellate Tri)/nal.
Ri-ht to le-"l re/re(e!t"tio!
<3S.<1= A ,erson ,re#erring an a,,eal to the A,,ellate Tri)/nal a6 either a,,ear in
,erson or a/thoriGe one or ore chartered acco/ntants or co,an6 secre+
taries or cost acco/ntants or legal ,ractitioners or an6 o# its o##icers to
,resent his or its case )e#ore the A,,ellate Tri)/nal.
<!= The Central 'o-ernent or a State 'o-ernent or a local a/thorit6 or
an6 enter,rise ,re#erring an a,,eal to the A,,ellate Tri)/nal a6 a/+
thoriGe one or ore chartered acco/ntants or co,an6 secretaries or cost
acco/ntants or legal ,ractitioners or an6 o# its o##icers to act as ,resenting
o##icers and e-er6 ,erson so a/thoriGed a6 ,resent the case 7ith re+
<.1
=
s,ect to an6 a,,eal )e#ore the A,,ellate Tri)/nal.
(3) The Coission a6 a/thoriGe one or ore chartered acco/ntants or
co,an6 secretaries or cost acco/ntants or legal ,ractitioners or an6 o# its
o##icers to act as ,resenting o##icers and e-er6 ,erson so a/thoriGed a6
,resent the case 7ith res,ect to an6 a,,eal )e#ore the A,,ellate Tri)/nal.
Ex,lanation L The ex,ressions Hchartered acco/ntantI or Hco,an6 secretar6I or
Hcost acco/ntantI or Hlegal ,ractitionerI shall ha-e the eanings res,ecti-el6
assigned to the in the Ex,lanation to section *..
A//e"l to S1/re%e Co1rt
<3T. The Central 'o-ernent or an6 State 'o-ernent or the Coission or
an6 stat/tor6 a/thorit6 or an6 local a/thorit6 or an6 enter,riseor an6
,erson aggrie-ed )6 an6 decision or order o# the A,,ellate Tri)/nal a6 #ile
an a,,eal to the S/,ree Co/rt 7ithin sixt6 da6s #ro the date o# co+
/nication o# the decision or order o# the A,,ellate Tri)/nal to theJ
Pro-ided that the S/,ree co/rt a6, i# it is satis#ied that the a,,li+
cant 7as ,re-ented )6 s/##icient ca/se #ro #iling the a,,eal 7ithin the said
,eriod, allo7 it to )e #iled a#ter the ex,ir6 o# the said ,eriod o# sixt6 da6s.
Po6er to P1!i(h 'or $o!te%/t
<3+. The A,,ellate Tri)/nal shall ha-e, and exercise, the sae ?/risdiction,
,o7ers and a/thorit6 in res,ect o# conte,t o# itsel# as a High Co/rt has
and a6 exercise and, #or this ,/r,ose, the ,ro-isions o# the Conte,t
o# Co/rts Act, 1511 <14 o# 1511= shall ha-e e##ect s/)?ect to odi#ications
that,++
<a= the re#erence therein to a High Co/rt shall )e constr/ed as incl/ding
a re#erence to the A,,ellate Tri)/nalJ
<)= the re#erences to the Ad-ocate+'eneral in section 1. o# the said Act
shall )e constr/ed as a re#erence to s/ch La7 $##icer as the
Central 'o-ernent a6, )6 noti#ication, s,eci#6 in this )ehal#. >
<.!
=
CHAPTER IF
MISCELLANEO+S
Po6er to ee%/t
<8. The Central 'o-ernent a6, )6 noti#ication, exe,t #ro the a,,lication
o# this Act, or an6 ,ro-ision thereo#, and #or s/ch ,eriod as it a6
s,eci#6 in s/ch noti#icationF
<a= an6 class o# enter,rises i# s/ch exe,tion is necessar6 in the interest
o# sec/rit6 o# the State or ,/)lic interestJ
<)= an6 ,ractice or agreeent arising o/t o# and in accordance 7ith
an6 o)ligation ass/ed )6 India /nder an6 treat6, agreeent or
con-ention 7ith an6 other co/ntr6 or co/ntriesJ
(3) an6 enter,rise 7hich ,er#ors a so-ereign #/nction on )ehal# o# the
Central 'o-ernent or a State 'o-ernentE
Pro-ided that in case an enter,rise is engaged in an6 acti-it6 incl/ding the acti-it6
relata)le to the so-ereign #/nctions o# the 'o-ernent, the Central 'o-ernent
a6 grant exe,tion onl6 in res,ect o# acti-it6 relata)le to the so-ereign #/nc+
tions.
Po6er o' Ce!tr"l *o0er!%e!t to i((1e #ire$tio!(
<<.<1= 9itho/t ,re?/dice to the #oregoing ,ro-isions o# this Act, the Coission shall,
in exercise o# its ,o7ers or the ,er#orance o# its #/nctions /nder this Act,
)e )o/nd )6 s/ch directions on :/estions o# ,olic6, other than those relating
to technical and adinistrati-e atters, as the Central 'o-ern+ent a6
gi-e in 7riting to it #ro tie to tieE
Pro-ided that the Coission shall, as #ar as ,ractica)le, )e gi-en
an o,,ort/nit6 to ex,ress its -ie7s )e#ore an6 direction is gi-en /nder
this s/)+ section.
(2) The decision o# the Central 'o-ernent 7hether a :/estion is one o# ,olic6
or not shall )e #inal.
Po6er o' Ce!tr"l *o0er!%e!t to (1/er(e#e Co%%i((io!
56. <1= I# at an6 tie the Central 'o-ernent is o# the o,inionF
(1) that on acco/nt o# circ/stances )e6ond the control o# the Coission,
it is /na)le to discharge the #/nctions or ,er#or the d/ties i,osed on
it )6 or /nder the ,ro-isions o# this ActJ or
(2) that the Coission has ,ersistentl6 ade de#a/lt in co,l6ing 7ith
an6 direction gi-en )6 the Central 'o-ernent /nder this Act or in
the discharge o# the #/nctions or ,er#orance o# the d/ties i,osed on it
)6 or /nder the ,ro-isions o# this Act and as a res/lt o# s/ch de#a/lt the
#inancial ,osition o# the Coission or the adinistration o# the Co+
ission has s/##eredJ or
<.*=
(3) that circ/stances exist 7hich render it necessar6 in the ,/)lic interest
so to do,
the Central 'o-ernent a6, )6 noti#ication and #or reasons to )e s,eci#ied
therein, s/,ersede the Coission #or s/ch ,eriod, not exceeding six onths,
as a6 )e s,eci#ied in the noti#icationE
Pro-ided that )e#ore iss/ing an6 s/ch noti#ication, the Central 'o-ernent
shall gi-e a reasona)le o,,ort/nit6 to the Coission to a@e re,resentations
against the ,ro,osed s/,ersession and shall consider re,resentations, i# an6,
o# the Coission.
(2) (,on the ,/)lication o# a noti#ication /nder s/)+section <1=
s/,erseding the Coission,F
(1) the Chair,erson and other Me)ers shall as #ro the date o#
s/,ersession, -acate their o##ices as s/chJ
(2) all the ,o7ers, #/nctions and d/ties 7hich a6, )6 or /nder the
,ro-isions o# this Act, )e exercised or discharged )6 or on )ehal# o# the
Coission shall, /ntil the Coission is reconstit/ted /nder s/)+
section <*=, )e exercised and discharged )6 the Central 'o-ernent or
s/ch a/thorit6 as the Central 'o-ernent a6 s,eci#6 in this )ehal#J
<c= all ,ro,erties o7ned or controlled )6 the Coission shall, /ntil
the Coission is reconstit/ted /nder s/)+section <*=, -est in the
Central 'o-ernent.
<*= $n or )e#ore the ex,iration o# the ,eriod o# s/,ersession s,eci#ied
in the noti#ication iss/ed /nder s/)section<1=, the Central 'o-ernent
shall reconstit/te the Coission )6 a #resh a,,ointent o# its Chair,erson
and other Me)ers and in s/ch case an6 ,erson 7ho had -acated his
o##ice /nder cla/se <a= o# s/)+section <!= shall not )e deeed to )e dis:/ali+
#ied #or re+a,,ointent.
<0= The Central 'o-ernent shall ca/se a noti#ication iss/ed /nder s/)+section
<1= and a #/ll re,ort o# an6 action ta@en /nder this section and the
circ/stances leading to s/ch action to )e laid )e#ore each Ho/se o#
Parliaent at the earliest.
Re(tri$tio! o! #i($lo(1re o' i!'or%"tio!
57. No in#oration relating to an6 enter,rise, )eing an in#oration 7hich has )een
o)tained )6 or on )ehal# o#
2.
;the Coission or the A,,ellate Tri)/nal> #or the
,/r,oses o# this Act, shall, 7itho/t the ,re-io/s ,erission in 7riting o# the
enter,rise, )e disclosed other7ise than in co,liance 7ith or #or the ,/r,oses o#
this Act or an6 other la7 #or the tie )eing in #orce.
2.
S/)s. )6 Co,etition <Aendent= Act, !441 #or Hthe CoissionI
<.0
=
3?
5Ch"ir/er(o!, Me%,er(, &ire$tor *e!er"l, Se$ret"r4, o''i$er( "!# other
e%/lo4ee(, et$., to ,e /1,li$ (er0"!t(7
21
5<3.The Chair,erson and other Me)ers and the "irector 'eneral, Additional,
Boint, "e,/t6 or Assistant "irectors 'eneral and Secretar6 and o##icers and other
e,lo6ees o# the Coission and the Chair,erson, Me)ers, o##icers and other
e,lo6ees o# the A,,ellate Tri)/nal shall )e deeed, 7hile acting or ,/r+,orting
to act in ,/rs/ance o# an6 o# the ,ro-isions o# this Act, to )e ,/)lic ser+-ants
7ithin the eaning o# section !1 o# the Indian Penal Code <0. o# 1234=.>
Prote$tio! o' "$tio! t"@e! i! -oo# '"ith
<=. No s/it, ,rosec/tion or other legal ,roceedings shall lie against the
Central 'o-ernent or Coission or an6 o##icer o# the Central 'o-ernent
or the Chair,erson or an6 Me)er or the "irector+ 'eneral, Additional, Boint,
"e,/t6 or Assistant "irectors 'eneral or
22
;the Secretar6 or o##icers or other
e,lo6ees o# the Coission or the Chair,erson, Me)ers, o##icers and other
e,lo6ees o# the A,,ellate Tri)/nal> #or an6thing 7hich is in good #aith done or
intended to )e done /nder this Act or the r/les or reg/lations ade there/nder.
A$t to h"0e o0erri#i!- e''e$t
60. The ,ro-isions o# this Act shall ha-e e##ect not7ithstanding an6thing inconsistent
there7ith contained in an6 other la7 #or the tie )eing in #orce.
E$l1(io! o' >1ri(#i$tio! o' $i0il $o1rt(
61. No ci-il co/rt shall ha-e ?/risdiction to entertain an6 s/it or ,roceeding in res,ect
o# an6 atter 7hich the
25
;Coission or the A,,ellate Tri)/nal> is e,o7ered
)6 or /nder this Act to deterine and no in?/nction shall )e granted )6 an6 co/rt
or other a/thorit6 in res,ect o# an6 action ta@en or to )e ta@en in ,/rs/ance o#
an6 ,o7er con#erred )6 or /nder this Act.
86 S/)s. )6 Co,etition <Aendent= Act, !441 #or HMe)ers, "irector 'eneral, Registrar,
o##icers and other e,lo6ees, etc. o# Coission to )e ,/)lic ser-antsI
87 S/)s. )6 Co,etition <Aendent= Act, !441 #or E
88 HThe Chair,erson and other Me)ers and the "irector 'eneral, Additional, Boint, "e,/t6 or
Assistant "irectors 'eneral and Registrar and o##icers and other e,lo6ees o# the
Coission shall )e deeed, 7hile acting or ,/r,orting to act in ,/rs/ance o# an6 o# the
,ro-isions o# this Act, to )e ,/)lic ser-ants 7ithin the eaning o# section !1 o# the Indian
Penal Code <0. o# 1234=.I
89 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hthe Registrar or o##icers or other
e,lo6ees o# the CoissionI
90 S/)s. )6 Co,etition <Aendent= Act, !441 #or HCoissionI
<..
=
50
;s/ch
A//li$"tio! o' other l"6( !ot ,"rre#
?2. The ,ro-isions o# this Act shall )e in addition to, and not in derogation o#,
the ,ro-isions o# an6 other la7 #or the tie )eing in #orce.
Po6er to %"@e r1le(
?3. <1= The Central 'o-ernent a6, )6 noti#ication, a@e r/les to carr6
o/t the ,ro-isions o# this ActJ
(2) In ,artic/lar, and 7itho/t ,re?/dice to the generalit6 o# the #oregoing ,o7er,
s/ch r/les a6 ,ro-ide #or all or an6 o# the #ollo7ing atters, nael6E+F
54
;<a= the ter o# the Selection Coittee and the anner o# selection o#
,anel o# naes /nder s/)+section <!= o# Section 5J>
<)= the #or and anner in 7hich and the a/thorit6 )e#ore 7ho the
oath o# o##ice and o# secrec6 shall )e ade and s/)scri)ed to /nder
s/)+section <*= o# section 14J
51
<c= ;$itted )6 Co,etition <Aendent= Act, !441.
<d= the salar6 and the other ters and conditions o# ser-ice
incl/ding tra-elling ex,enses, ho/se rent allo7ance and
con-e6ance #acilities, s/,t/ar6 allo7ance and edical #acilities
to )e ,ro-ided to the Chair,erson and other Me)ers /nder
s/)+section <1= o# section 10J
5!
;<da= the n/)er o# Additional, Boint, "e,/t6 or Assistant "irectors
'eneral or s/ch o##icers or other e,lo6ees in the o##ice o# "irector
'eneral and the anner in 7hich s/ch Additional, Boint, "e,/t6
or Assistant "irectors 'eneral or s/ch o##icers or other e,lo6ees
a6 )e a,,ointed /nder s/)+ section <1A= o# section 13J >
<e= the salar6, allo7ances and other ters and conditions o# ser-ice
o# the "irector 'eneral, Additional, Boint, "e,/t6 or Assistant
"irectors 'eneral or
5*
;s/ch o##icers or other e,lo6ees> /nder
s/)+section <*= o# section13J
(6) the :/ali#ications #or a,,ointent o# the "irector 'eneral,
Additional,
Boint, "e,/t6 or Assistant "irectors 'eneral or
o##icers or other e,lo6ees> /nder s/)+section <0= o# section 13J
91 H the anner in 7hich the Chair,erson and other Me)ers shall )e selected /nder section 5JI
92 Prior to oission, cla/se <c= o# s/)+section<!= o# section 3* read as /nderE+
Hthe #inancial and adinistrati-e ,o7ers 7hich a6 )e -ested in the Me)er Adinistration
/nder section 1*JI
92 Ins. )6 Co,etition <Aendent= Act, !441 5*
S/)s. )6 Co,etition <Aendent= Act, !441 #or Hs/ch other ad-isers, cons/ltants or o##icersI
94 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hs/ch other ad-isers, cons/ltants or o##icersI
<.3
=
<g= the salaries and allo7ances and other ters and conditions o# ser-ice
o# the
5.
;Secretar6> and o##icers and other e,lo6ees ,a6a)le,
and the n/)er o# s/ch o##icers and e,lo6ees /nder s/)+section <!=
o# section11J
53
<h= ;$itted )6 Co,etition <Aendent= Act, !441>
51
<i= ;$itted )6 Co,etition <Aendent= Act, !441>
52
<?= ;$itted )6 Co,etition <Aendent= Act, !441>
(11) the #or in 7hich the ann/al stateent o# acco/nts shall )e ,re,ared
/nder s/)+section <1= o# section .!J
1/) the tie 7ithin 7hich and the #or and anner in 7hich the
Coission a6 #/rnish ret/rns, stateents and s/ch ,artic/lars as the
Central 'o-ernent a6 re:/ire /nder s/)+section <1= o# section .*J
(13) the #or in 7hich and the tie 7ithin 7hich the ann/al re,ort shall )e
,re,ared /nder s/)+section <!= o# section .*J
55
;<a= the #or in 7hich an a,,eal a6 )e #iled )e#ore the A,,ellate Tri)/nal
/nder s/)+section <!= o# section .*% and the #ees ,a6a)le in res,ect o#
s/ch a,,ealJ
<)= the ter o# the Selection Coittee and the anner o# selection o# ,anel
o# naes /nder s/)+section<!= o# section .*EJ
<c= the salaries and allo7ances and other ters and conditions o# ser-ice
o# the Chair,erson and other Me)ers o# the A,,ellate Tri)/nal /nder
s/)+ section <1= o# section .*'J
<d= the salaries and allo7ances and other conditions o# ser-ice o# the
o##icers and other e,lo6ees o# the A,,ellate Tri)/nal /nder
s/)+section <*= o# section .*MJ
95 S/)s. )6 Co,etition <Aendent= Act, !441 #or HRegistrarI
96 Prior to oission, cla/se <h= o# s/)+section<!= o# section 3* read as /nderE+
97 H#or sec/ring an6 case or atter 7hich re:/ires to )e decided )6 a %ench co,osed o# ore
than t7o Me)ers /nder s/)+section <0= o# section !*JI
98 Prior to oission, cla/se <i= o# s/)+section<!= o# section 3* read as /nderE+
99 Han6 other atter in res,ect o# 7hich the Coission shall ha-e ,o7er /nder cla/se <g= o#
s/)+section <!= o# section *3JI
100 Prior to oission, cla/se <?= o# s/)+section<!= o# section 3* read as /nderE+
101 Hthe ,rootion o# co,etition ad-ocac6, creating a7areness and i,arting training
a)o/t co,etition iss/es /nder s/)+section <*= o# section05JI
<.1
=
<e= the #ee 7hich shall )e acco,anied 7ith e-er6 a,,lication ade /nder
s/)+section <!= o# section .*NJ
<#= the other atters /nder cla/se <i= o# s/)+section<!= o# section .*$
in res,ect o# 7hich the A,,ellate Tri)/nal shall ha-e ,o7ers /nder the
Code o# Ci-il Proced/re, 1542 <. o# 1542= 7hile tr6ing a s/itJ>
144
;<n= the anner in 7hich the onies trans#erred to the Co,etition
Coission o# India or the A,,ellate Tri)/nal shall )e dealt 7ith )6 the
Coission or the A,,ellate Tri)/nal, as the case a6 )e, /nder the
#o/rth ,ro-iso to s/)+section<!= o# section 33 J>
(15) an6 other atter 7hich is to )e, or a6 )e, ,rescri)ed, or in
res,ect o# 7hich ,ro-ision is to )e, or a6 )e, ade )6 r/les.
<*= E-er6 noti#ication iss/ed /nder s/)+section<*= o# section !4 and section
.0 and e-er6 r/le ade /nder this Act )6 the Central 'o-ernent shall )e
laid, as soon as a6 )e a#ter it is ade, )e#ore each Ho/se o# Parlia+
ent, 7hile it is in session, #or a total ,eriod o# thirt6 da6s 7hich a6 )e
co,rised in one session, or in t7o or ore s/ccessi-e sessions, and i#,
)e#ore the ex,ir6 o# the session iediatel6 #ollo7ing the session or the
s/ccessi-e sessions a#oresaid, )oth Ho/ses agree in a@ing an6 odi#i+
cation in the noti#ication or r/le, or )oth Ho/ses agree that the noti#ication
sho/ld not )e iss/ed or r/le sho/ld not )e ade, the noti#ication or r/le
shall therea#ter ha-e e##ect onl6 in s/ch odi#ied #or or )e o# no e##ect,
as the case a6 )eJ so, ho7e-er, that an6 s/ch odi#ication or ann/l+
ent shall )e 7itho/t ,re?/dice to the -alidit6 o# an6thing ,re-io/sl6 done
/nder that noti#ication or r/le, as the case a6 )e.
Po6er to %"@e re-1l"tio!(
64.<1= The Coission a6, )6 noti#ication, a@e reg/lations consistent 7ith this
Act and the r/les ade there/nder to carr6 o/t the ,/r,oses o# this Act.
(2) In ,artic/lar, and 7itho/t ,re?/dice to the generalit6 o# the #oregoing
,ro-isions, s/ch reg/lations a6 ,ro-ide #or all or an6 o# the #ollo7ing
atters, nael6EF
<a= the cost o# ,rod/ction to )e deterined /nder cla/se <)= o#
the Ex,lanation to section 0J
<)= the #or o# notice as a6 )e s,eci#ied and the #ee 7hich
a6)e deterined /nder s/)+section<!= o# section 3J
<c= the #or in 7hich details o# the ac:/isition shall )e #iled
/nder s/)section<.= o# Section 3J
141
;<d= the ,roced/res to )e #ollo7ed #or engaging the ex,erts and ,ro#ession+
als /nder s/)+section<*= o# section 11J
101 H the anner in 7hich the onies trans#erred to the Central 'o-ernent shall )e
dealt 7ith )6 that 'o-ernent /nder the #o/rth ,ro-iso to s/)+section <!= o# section 33JI
103 <d= the #ee 7hich a6 )e deterined /nder cla/se <a= o# s/)+section <1= o# section
15J
(5) an6 other atter in res,ect o# 7hich ,ro-ision is to )e, or a6 )e, ade )6 reg/lations.I
<.2=
(5) the #ee 7hich a6 )e deterined /nder cla/se <a= o# s/)+section<1= o#
section 15J
<#= the r/les o# ,roced/re in regard to the transaction o# )/siness at
the eetings o# the Coission /nder s/)+section<1= o# section !!J
(7) the anner in 7hich ,enalt6 shall )e reco-ered /nder s/)+section<1= o#
section *5J
(8) an6 other atter in res,ect o# 7hich ,ro-ision is to )e, or a6 )e,
ade )6 reg/lations.>
<*= E-er6 reg/lation ade /nder this Act shall )e laid, as soon as a6 )e a#ter
it is ade, )e#ore each Ho/se o# Parliaent, 7hile it is in session, #or a total
,eriod o# thirt6 da6s 7hich a6 )e co,rised in one session or in t7o or
ore s/ccessi-e sessions, and i#, )e#ore the ex,ir6 o# the session
iediatel6 #ollo7ing the session or the s/ccessi-e sessions a#oresaid,
)oth Ho/ses agree in a@ing an6 odi#ication in the reg/lation, or )oth
Ho/ses agree that the reg/lation sho/ld not )e ade, the reg/lation
shall therea#ter ha-e e##ect onl6 in s/ch odi#ied #or or )e o# no
e##ect, as the case a6 )eJ so, ho7e-er, that an6 s/ch odi#ication or
ann/lent shall )e 7itho/t ,re?/dice to the -alidit6 o# an6thing ,re-io/sl6
done /nder that reg/lation.
Po6er to re%o0e #i''i$1ltie(
?<. <1= I# an6 di##ic/lt6 arises in gi-ing e##ect to the ,ro-isions o# this Act, the
Central 'o-ernent a6, )6 order ,/)lished in the $##icial 'aGette,
a@e s/ch ,ro-isions, not inconsistent 7ith the ,ro-isions o# this Act as
a6 a,,ear to it to )e necessar6 #or reo-ing the di##ic/lt6E Pro-ided that
no s/ch order shall )e ade /nder this section a#ter the ex,ir6 o# a ,eriod
o# t7o 6ears #ro the coenceent o# this Act.
<!= E-er6 order ade /nder this section shall )e laid, as soon as a6 )e
a#ter it is ade, )e#ore each Ho/se o# Parliaent.
Re/e"l A!# ("0i!-
??.;<1=
14!
The Mono,olies and Restricti-e Trade Practices Act, 1535 <.0 o#
1535= is here)6 re,ealed and the Mono,olies and Restricti-e Trade
Practices Coission esta)lished /nder s/)+section <1= o# section . o# the
said Act <hereina#ter re#erred to as the re,ealed Act= shall stand dissol-ed.
14!
(1) HThe Mono,olies and Restricti-e Trade Practices Act, 1535 is here)6 re,ealed and the
Mono,olies and Restricti-e Trade Practices Coission esta)lished /nder s/)+section
(1) o# section . o# the said Act <hereina#ter re#erred to as the re,ealed Act= <.0 o# 1535=
shall stand dissol-ed.I
<.5
=
<14! A=
;NNN>
<1A=The re,eal o# the Mono,olies and Restricti-e Trade Practices Act, 1535
<.0 o# 1535= shall, ho7e-er, not a##ect,+
1) the ,re-io/s o,eration o# the Act so re,ealed or an6thing d/l6 done or
S/##ered there/nderJ or
2) an6 right, ,ri-ilege, o)ligation or lia)ilit6 ac:/ired, accr/ed or inc/rred
/nder the Act so re,ealedJ or
3) an6 ,enalt6, con#iscation or ,/nishent inc/rred in res,ect o# an6
contra-ention /nder the Act so re,ealedJ or
4) an6 ,roceeding or reed6 in res,ect o# an6 s/ch right, ,ri-ilege,
o)ligation, lia)ilit6, ,enalt6, con#iscation or ,/nishent as a#oresaid, and
an6 s/ch ,roceeding or reed6 a6 )e instit/ted, contin/ed or en#orced,
and an6 s/ch ,enalt6, con#iscation or ,/nishent a6 )e i,osed or
ade as i# that Act had not )een re,ealed.>
2) $n the dissol/tion o# the Mono,olies and Restricti-e Trade Practices
Coission, the ,erson a,,ointed as the Chairan o# the Mono,olies and
Restricti-e Trade Practices Coission and e-er6 other ,erson a,,ointed as
Me)er and "irector 'eneral o# In-estigation and Registration, Additional, Boint,
"e,/t6, or Assistant "irectors 'eneral o# In-estigation and Registration and an6
o##icer and other e,lo6ee o# that Coission and holding o##ice as s/ch
iediatel6 )e#ore s/ch dissol/tion shall -acate their res,ecti-e o##ices and s/ch
Chairan and other Me)ers shall )e entitled to clai co,ensa+tion not
exceeding three onthsM ,a6 and allo7ances #or the ,reat/re teri+nation o#
ter o# their o##ice or o# an6 contract o# ser-ice.
Pro-ided that the "irector 'eneral o# In-estigation and Registration,
Additional, Boint, "e,/t6 or Assistant "irectors 'eneral o# In-estigation and
Registration or an6 o##icer or other e,lo6ee 7ho has )een, iediatel6
)e#ore the dissol/tion o# the Mono,olies and Restricti-e Trade Practices
14! A
The ,ro-iso and the ex,lanation oitted )6 Act *5 o# !445, sec !<a=<7.e.#10+14+!445=.The
,ro-iso and the ex,lanation, )e#ore oission, stood as /nderE
HPro-ided that, not7ithstanding an6thing contained in this s/)+section, the Mono,olies and
Re+stricti-e Trade Practices Coission esta)lished /nder s/) section<1= o# section . o# the
re+,ealed Act, a6 contin/e to exercise ?/risdiction and ,o7er /nder the re,ealed Act #or a
,eriod o# t7o 6ears #ro the date o# the coenceent o# this Act in res,ect o# all cases or
,roceed+ings <incl/ding co,laints recei-ed )6 it or re#erences or a,,lications ade to it=
#iled )e#ore the coenceent o# this Act as i# the Mono,olies and Restricti-e Trade
Practices Act, 1535 <.0 o# 1535= had not )een re,ealed and all the ,ro-isions o# the said Act
so re,ealed shall /tatis /tandis a,,l6 to s/ch cases or ,roceedings or co,laints or
re#erences or a,,lications and to all other atters.
Ex,lanationE &or the reo-al o# do/)ts, it is here)6 declared that nothing in this ,ro-iso shall con#er an6
?/risdiction or ,o7er /,on the Mono,olies and Restricti-e Trade Practices Cois+sion to decide or
ad?/dicate an6 case or ,roceeding arising /nder the Mono,olies and Restric+ti-e Trade Practices Act,
1535 <.0 o# 1535= on or a#ter the coenceent o# this Act.I
<34
=
Coission a,,ointed on de,/tation )asis to the Mono,olies and Restricti-e
Trade Practices Coission, shall, on s/ch dissol/tion, stand re-erted to his
,arent cadre, Ministr6 or "e,artent, as the case a6 )eE
14*
;Pro-ided #/rther that the "irector+'eneral o# In-estigation and Registration,
Additional, Boint, "e,/t6 or Assistant "irectors 'eneral o# In-estigation and
Registration or an6 o##icer or other e,lo6ee 7ho has )een, iediatel6 )e#ore
the dissol/tion o# the Mono,olies and Restricti-e Trade Practices Coission,
e,lo6ed on reg/lar )asis )6 the Mono,olies and Restricti-e Trade Practices
Coission, shall )ecoe, on and #ro s/ch dissol/tion, the o##icer and e,lo6+
ee, res,ecti-el6, o# the Co,etition Coission o# India or the A,,ellate
Tri)/nal, in s/ch anner as a6 )e s,eci#ied )6 the Central 'o-ernent, 7ith
the sae rights and ,ri-ileges as to ,ension, grat/it6 and other li@e atters as
7o/ld ha-e )een adissi)le to hi i# the rights in relation to s/ch Mono,olies
and Restric+ti-e Trade Practices Coission had not )een trans#erred to, and
-ested in, the Co,etition Coission o# India or the A,,ellate Tri)/nal, as the
case a6 )e, and shall contin/e to do so /nless and /ntil his e,lo6ent in the
Co,eti+tion Coission o# India or the A,,ellate Tri)/nal, as the case a6 )e,
is d/l6 terinated or /ntil his re/neration, ters and conditions o# e,lo6ent
are d/l6 altered )6 the Co,etition Coission o# India or the A,,ellate
Tri)/nal, as the case a6 )e.>
Pro-ided also that not7ithstanding an6thing contained in the Ind/strial "is,/tes
Act, 1501<10 o# 1501=, or in an6 other la7 #or the tie )eing in #orce, the trans#er o#
the ser-ices o# an6 "irector 'eneral o# In-estigation and Registration, Additional,
Boint, "e,/t6 or Assistant "irectors 'eneral o# In-estigation and Registration or an6
o##icer or other e,lo6ee, e,lo6ed in the Mono,olies and Restricti-e Trade
Practices Coission, to
140
;the Co,etition Coission o# India or the A,,ellate
Tri)/nal>, as the case a6 )e, shall not entitle s/ch "irector 'eneral o# In-estiga+tion
and Registration, Additional, Boint, "e,/t6 or Assistant "irectors 'eneral o#
In-estigation and Registration or an6 o##icer or other e,lo6ee an6 co,ensation
/nder this Act or an6 other la7 #or the tie )eing in #orce and no s/ch clai shall )e
entertained )6 an6 co/rt, tri)/nal or other a/thorit6E Pro-ided also that 7here the
Mono,olies and Restricti-e Trade Practices Coission has esta)lished a ,ro-ident
#/nd, s/,erann/ation, 7el#are or other #/nd #or the )ene#it o# the "irector
104 HPro-ided #/rther that the "irector 'eneral o# In-estigation and Registration, Additional, Boint,
"e,/t6 or Assistant "irectors 'eneral o# In-estigation and Registration or an6 o##icer or other e,lo6ee
7ho has )een, iediatel6 )e#ore the dissol/tion o# the Mono,olies and Restricti-e Trade Practices
Coission, e,lo6ed on reg/lar )asis )6 the Mono,olies and Restricti-e Trade Practices
Coission, shall )ecoe, on and #ro s/ch dissol/tion, the o##icer and e,lo6ee, res,ecti-el6, o# the
Central 'o-ernent 7ith the sae rights and ,ri-ileges as to ,ension, grat/it6 and other li@e atters as
7o/ld ha-e )een adissi)le to hi i# the rights in relation to s/ch Mono,olies and Restricti-e Trade
Practices Coission had not )een trans#erred to, and -ested in, the Central 'o-ernent and shall
contin/e to do so /nless and /ntil his e,lo6ent in the Central 'o-ernent is d/l6 terinated or /ntil
his re/nera+tion, ters and conditions o# e,lo6ent are d/l6altered )6 that 'o-ernentEI
105 S/)s. )6 Co,etition <Aendent= Act, !441 #or Hthe Central 'o-ernentI
<31
=
'eneral o# In-estigation and Registration, Additional, Boint, "e,/t6 or Assistant
"irectors 'eneral o# In-estigation and Registration or the o##icers and other e+
,lo6ees e,lo6ed in the Mono,olies and Restricti-e Trade Practices
Coission, the onies relata)le to the o##icers and other e,lo6ees 7hose
ser-ices ha-e )een trans#erred )6 or /nder this Act to
14.
;the Co,etition
Coission o# India or the A,,ellate Tri)/nal, as the case a6 )e, shall, o/t o#
the onies standing> on the dissol/tion o# the Mono,olies and Restricti-e Trade
Practices Coission to the credit o# s/ch ,ro-ident #/nd, s/,erann/ation,
7el#are or other #/nd, stand trans#erred to, and -est in,
143
;the Co,etition
Coission o# India or the A,,el+late Tri)/nal as the case a6 )e, and s/ch
onies 7hich stand so trans#erred shall )e dealt 7ith )6 the said Coission or
the Tri)/nal, as the case a6 )e, in s/ch anner as a6 )e ,rescri)ed.>
141
<*.= All cases ,ertaining to ono,olistic trade ,ractices or restricti-e trade
,ractices ,ending <incl/ding s/ch cases, in 7hich an6 /n#air trade ,ractice has
also )een alleged=, )e#ore the Mono,olies and Restricti-e Trade Practices
Coission shall ,
<141 A=
on the coenceent o# the co,etition
Aendent Act,.!445 stand trans#erred to the A,,ellate Tri)/nal and shall
)e ad?/dicated )6 the A,,ellate Tri)/nal in accordance 7ith the ,ro-isions o#
the re,ealed Act as i# that Act had not )een re,ealed.>
<141%=
HEx,lanation+P&or the reo-al o# do/)ts, it is here)6 declared that
all cases re#erred to in this s/)+section, s/)+section<0=and s/)+sec+
tion <.=shall )e deeed to incl/de all a,,lications ade #or the losses or
daages /nder section 1!<%=o# the Mono,olies and Restricti-e Trade Prac+
tices Act,1535<.0o#1535=as it stood )e#ore its re,ealIJ
0.= S/)?ect to the ,ro-isions o# s/)+section<*=, all cases ,ertaining to /n#air trade
,ractices other than those re#erred to in cla/se <x= o# s/)+section<1= o# section
*3A o# the Mono,olies and Restricti-e Trade Practices Act, 1535 <.0 o#
1535= and ,ending )e#ore
onies standingI
107 Hthe Central 'o-ernent and s/ch onies 7hich stand so trans#erred shall )e dealt
7ith )6 the said 'o-ernent in s/ch anner as a6 )e ,rescri)ed.I
109 H All cases ,ertaining to ono,olistic trade ,ractices or restricti-e trade ,ractices ,ending )e#ore
the Mono,olies and Restricti-e Trade Practices Coission on or )e#ore the coenceent o# this
Act, incl/ding s/ch cases, in 7hich an6 /n#air trade ,ractice has also )een alleged, shall, on s/ch
coenceent, stand trans#erred to the Co,etition Cois+sion o# India and shall )e ad?/dicated )6
that Coission in accordance 7ith the ,ro-isions o# the re,ealed Act as i# that Act had not )een
re,ealed.I S/)s )6 Act *5o# !445, sec !<)=<i= 7.e.# 10+14+!445= #or Ha#ter the ex,ir6 o# t7o 6ears re#erred
to in the ,ro-iso to s/)section<1=I
141 A
141 %
E
x
,
l
a
n
ation added )6 Act *5o# !445, sec !<)=<ii=
7.e.# 10+14+!445=
S/)s )6 Act *5 o# !445, Section !<)=<i= 7.e.#
10+14+!445, #orI a#ter the ex,ir6 o# t7o 6ear
re #erred to in the ,ro-iso to the S/)section
<i=I
Ex,lanation added )6 Act *5 o# !445, Section ! <)=<ii= 7.e.# 10+14+!445.
< 3!=
the Mono,olies and Restricti-e Trade Practices Coission
142
;Hiediatel6
)e#ore the coenceent o# the Co,etition <Aendent= Act, !445 shall,
on s/ch coenceentI, shall, stand trans#erred to the National
Coission constit/ted /nder the Cons/er Protection Act, 1523 <32 o#
1523= and the National Coission shall dis,ose o# s/ch cases as i# the6
7ere cases #iled /nder that ActE
Pro-ided that the National Coission a6, i# it considers a,,ro,riate, trans+#er
an6 case trans#erred to it /nder this s/)+section, to the concerned State
Coission esta)lished /nder section 5 o# the Cons/er Protection Act,
1523 <32 o# 1523= and that State Coission shall dis,ose o# s/ch case as
i# it 7as #iled /nder that Act.
Pro-ided #/rther that all the cases relating to the /n#air trade ,ractices
,ending, )e#ore the National Coission /nder this s/)+section, on or
)e#ore the date on 7hich the co,etition <Aendent= %ill, !445 recei-es the
assent o# the President, shall, on and #ro that date, stand trans#erred to the
A,,el+late Tri)/nal and )e ad?/dicated )6 the A,,ellate Tri)/nal in accordance
7ith the ,ro-isions o# the re,ealed Act as i# that Act had not )een re,ealed.
..=
<145=
All cases ,ertaining to /n#air trade ,ractices re#erred to in cla/se <x= o#
s/)section <1= o# section *3A o# the Mono,olies and Restricti-e Trade Prac+
tices Act, 1535 and ,ending )e#ore the Mono,olies and Restricti-e Trade
Practices Coission shall, <
145A
= Hon the coenceent o# the Co,etition
<Aendent= Act, !445I stand trans#erred to the A,,ellate Tri)/nal and the
A,,ellate Tri)/nal shall dis,ose o# s/ch cases as i# the6 7ere cases #iled
/nder that Act.>
3.= All in-estigations or ,roceedings, other than those relating to /n#air trade
,ractices, ,ending )e#ore the "irector 'eneral o# In-estigation and Registra+
tion on or )e#ore the coenceent o# this Act shall, on s/ch coence+
ent, stand trans#erred to the Co,etition Coission o# India, and the
Co,etition Coission o# India a6 cond/ct or order #or cond/ct o# s/ch
in-estigation or ,roceedings in the anner as it dees #it.
1.= All in-estigations or ,roceedings, relating to /n#air trade ,ractices, other than those
re#erred to in cla/se <x= o# s/)+section <1= o# section *3A o# the Mono,olies
142
142 A
S
/
)
s
.
)
6 Act *5 o# !445, Section !<c=<i= 7.e.# 10+
14+!445.#or Hon or )e#ore the ex,ir6 o# t7o
6ears re#erred to in the ,ro-iso to
s/)section <1=I
Pro-iso inserted )6 Act *5 o# !445, Section
!<c=<ii= 7.e.# 10+14+!445.
109 S/)s. )6
Co,etition
<Aendent= Act,
!441 #orE
110 H All cases
,ertaining to /n#air
trade ,ractices
re#erred to in cla/se
<x= o# s/)+section <1=
o# section *3A o# the
Mono,olies and
Restricti-e Trade
P
r
a
c
t
i
c
e
s

A
c
t, 1535 <.0 o# 1535=
and ,ending )e#ore the
Mono,olies and
Restricti-e Trade
Practices Coission
on or )e#ore the
coenceent o# this
Act shall, on s/ch
coenceent, stand
trans#erred to the
Co,etition
Coission o# India,
and the Co,etition
Coission o# India
shall dis,ose o#
s/ch cases as i# the6
7ere cases #iled /nder
that Act,.I
145 A
S/)s )6 Act *5 o# !445,
Section !<d= 7.e.# 10+14+
!445 #or Ha#ter the ex,ir6
o# t7o 6ears re#erred to
in the ,ro-iso to
s/)section <1=I
<142 A=
< 3*=
and Restricti-e Trade Practices Act, 1535<.0 o# 1535= and ,ending )e#ore the
"irector 'eneral o# In-estigation and Registration on or )e#ore the co+
enceent o# this Act shall, on s/ch coenceent, stand trans#erred to the
National Coission constit/ted /nder the Cons/er Protection Act, 1523
<32 o# 1523= and the National Coission a6 cond/ct or order #or cond/ct
o# s/ch in-estigation or ,roceedings in the anner as it dees #it.
<145%= H
Pro-ided that all in-estigations or ,roceedings, relating to /n#air trade
,ractices ,ending )e#ore the National Coission, on or )e#ore the date on
7hich the Co,etition <Aendent= %ill, !445 recei-es the assent o# the
President shall, on and #ro that date, stand trans#erred to the A,,ellate
Tri)/nal and the A,,ellate Tri)/nal a6 cond/ct or order #or cond/ct o# s/ch
in-estigation or ,roceedings in the anner as it dees #it.I
2.= All in-estigations or ,roceedings relating to /n#air trade ,ractices re#erred to
in cla/se <x= o# s/)section <1= o# section *3A o# the Mono,olies and Restric+
ti-e Trade Practices Act, 1535<.0 o# 1535=, and ,ending )e#ore the "irector
'eneral o# In-estigation and Registration on or )e#ore the coenceent o#
this Act shall, on s/ch coenceent, stand trans#erred to the Co,etition
Coission o# India and the Co,etition Coission o# India a6 cond/ct
or order #or cond/ct o# s/ch in-estigation in the anner as it dees #it.
5.= Sa-e as other7ise ,ro-ided /nder s/)+sections <*= to <2=, all cases or
,roceedings ,ending )e#ore the Mono,olies and Restricti-e Trade Practices
Coission shall a)ate.
14.= The ention o# the ,artic/lar atters re#erred to in s/)+sections <*= to <2=
shall not )e held to ,re?/dice or a##ect the general a,,lication o# section 3 o#
the 'eneral Cla/ses Act, 1251 <14 o# 1251= 7ith regard to the e##ect o#
re,eal.
145 %
Pro-iso inserted )6 Act. *5 o# !445, Section !<e= 7.e.# 10+14+!445.
<30
=

Competition Act 2012

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THE COMPETITION ACT, 2002

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