Petroleum and Natural Gas Regulatory Board, Act : Factors to be taken into account by the Board. Indian

Petroleum and Natural Gas Regulatory Board, Act,2006

Act No : 19

Section : Factors to be taken into account by the Board.

27. Factors to be taken into account by the Board.-The Board shall, while deciding a dispute under this Chapter, have due regard to the provisions of this Act and to the following factors, namely:-(a) the amount of disproportionate gain made or unfair advantage derived, wherever quantifiable, as a result of the default;(b) the amount of loss caused to an entity as a result of the default;(c) the repetitive nature of the default.