Tuesday 15 October 2013

Status of cases where penalties have not been paid under Competition Act, 2002

 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:-

S.No.
Case No.
Name of Person/Entity
Amt of penalty not realized

1.
1/2009
Shri Aamir Khan
1,00,000/

2.
3/2009
IATA Agents Association of India
1,00,000/
3.
56/2010
Telengana Telugu Film Distributors Association

Film Distributors Association, Kerala
1,00,000/


1,27,718/
4.
MRTP/C-127/DGIR/4/28
Chemists & Druggists Assn. of Goa
1,02,000/-
5.
56/2011
Andhra Pradesh Film Chamber of Commerce
12,89,735/
6.
20/2011
All India Org. of Chemists & Druggists
1,47,40,613/
7.
41/2010

K. Manju
A. Ganesh
6,50,000/-
6,50,000/-

8.
45/2010
K. Manju
A. Ganesh
6,50,000/-
6,50,000/-
9.
47/2010
47/2010
K. Manju
A. Ganesh
6,50,000/-
6,50,000/-

10.
48/2010
48/2010
K. Manju
A. Ganesh
6,50,000/-
6,50,000/-

            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.
Courtesy: Press Information Bureau (pib.nic.in)

No comments:

Extension of Emergency Credit Line Guarantee Scheme through ECLGS 2.0 for the 26 sectors identified by the Kamath Committee and the healthcare sector

Extension of the duration of Emergency Credit Line Guarantee Scheme (ECLGS) 1.0 The Government has extended Emergency Credit Line Guarantee ...