Competition Act, 2002 : Penalty for failure to comply with directions of Commission

Competition Act, 2002,2003

Act No : 12

Section : Penalty for failure to comply with directions of Commission andDirector-General.

43. Penalty for failure to comply with directions of Commission and Director-General.-If any person fails to comply with a direction given by- (a) the Commission under sub-section (5) of section 36; or (b) the Director General while exercising powers referred to in sub-section (2) of section 41, the Commission shall impose on such person a penalty of rupees one lakh for each day during which such failure continues.