Lakshmikumaran & Sridharan 律师事务所An ISO 9001 / 27001 certified law firm

Competition - Director can be proceeded against on violation of Sections 3 & 4


29th January

The Delhi High Court has held that officers or directors of a company can be proceeded against for violation of Sections 3 and 4 of the Competition Act, dismissing the plea that directors are punishable only where CCI order is not obeyed.

It stated that it would be an anathema if officers/directors could not be punished.

Court in Mahyco Monsanto Biotech v. CCI refused to refer the case to the Larger Bench and upheld the interpretation that Section 48 can be invoked against individual officers or directors to investigate their role and conduct of offences under Sections 3 and 4 and punishable by order under Section 27.

搜索 团队成员
Search People
按名字字母顺序
A|B|C|D|E|F|G|H|I|J
K|L|M|N|O|P|Q|R|S|T
U|V|W|X|Y|Z
Enter at least a name or a keyword to search