Login : Advocate | Client
Home Post Your Case My Account Law College Law Library

The Competition Act, 2002

44. Penalty for making false statement or omission to furnish material information.-

If any person, being a party to a combination,-

a.   makes a statement which is false in any material particular, or knowing it to be false; or

b.   omits to state any material particular knowing it to be material, such person shall be liable to a penalty which shall not be less than rupees fifty lakhs but which may extend to rupees one crore, as may be determined by the Commission.

Competition Act, 2002 Back

Client Area | Advocate Area | Blogs | About Us | User Agreement | Privacy Policy | Advertise | Media Coverage | Contact Us | Site Map
powered and driven by neosys