Section 43: Penalty for failure to comply with directions of Commission and Director General.

The Competition Act, 2002Central Act · Act 12 of 2003

[43. Penalty for failure to comply with directions of Commission and Director General.--If any person fails to comply, without reasonable cause, with a direction given by--

(a) the Commission under sub-sections (2) and (4) of section 36; or

(b) the Director General while exercising powers referred to in sub-section (2) of section 41, such person shall be punishable with fine which may extend to rupees one lakh for each day during which

such failure continues subject to a maximum of rupees one crore, as may be determined by the Commission.]

Where this provision sits

Act	The Competition Act, 2002
Section	43
Marginal note	Penalty for failure to comply with directions of Commission and Director General.
Jurisdiction	Central
Status	In force as published by the source
Judgments citing it	1

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted. . Subs. by s. 36, ibid., for section 43 (w.e.f. 20-5-2009).

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