Section 48 – The Competition Act, 2002
Contravention by companies (1) Where a person committing contravention of any of the provisions of this Act or of any rule, regulation, order made or direction issued thereunder is a company, every person who, at the time the contravention was committed, was in charge of, and was responsible to the company for the conduct of the business of the […]
Section 47 – The Competition Act, 2002
Crediting sums realised by way of penalties to Consolidated Fund of India All sums realised by way of penalties under this Act shall be credited to the Consolidated Fund of India. Practice area’s of B K Goyal & Co LLP Income Tax Return Filing | Income Tax Appeal | Income Tax Notice | GST Registration […]
Declaration and Payment of Dividend Under Companies Act 2013
Companies rely on funds to manage the affairs of their business successfully. Shareholders in a company play a vital role in raising funds, and in that process, they become its stakeholders. They exercise control over the share of profits in proportion to the money they invest. Dividend is known as the share of profit by […]
Section 46 – The Competition Act, 2002
Power to impose lesser penalty The Commission may, if it is satisfied that any producer, seller, distributor, trader or service provider included in any cartel, which is alleged to have violated section 3, has made a full and true disclosure in respect of the alleged violations and such disclosure is vital, impose upon such producer, seller, distributor, trader or service provider a lesser […]