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Status of cases where penalties have not been paid under Competition Act, 2002 |
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| 15-10-2013 | |||||||||||||||||||||||||||||||||||||||||||||
Competition Commission of India (CCI) has decided to take suitable and appropriate steps to recover penalties from such parties that have not paid the penalties imposed by the Commission on them under Competition Act, 2002. CCI has released a list of the cases wherein penalties have not been paid despite there being no appeal filed or appeal having been dismissed. The list is as below:-
CCI could initiate prosecution under Section 42(3) of the Competition Act for not complying with the orders of the Commission and follow-up reference to Income Tax Department could be made for action on recovery certificates already issued to these entities. |
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