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Law of Competition

Home Acts & Rules Law of Competition Regulation Competition Commission Of India (Manner Of Recovery Of Monetary Penalty) Regulations, 2025 This

Competition Commission Of India (Manner Of Recovery Of Monetary Penalty) Regulations, 2025

Regulation 1 : Short title and commencement
Regulation 2 : Definitions
Regulation 3 : Issuance of demand notice
Regulation 4 : Extension of time and grant of instalments
Regulation 5 : Interest on penalty
Regulation 6 : Issuance of recovery certificate
Regulation 7 : Functions of Recovery Officer
Regulation 8 : Maintenance of Penalty Recovery Register
Regulation 9 : Modes of Recovery
Regulation 10 : Other modes of Recovery
Regulation 11 : Reference by the Commission to the Income-tax authority
Regulation 12 : Intimation of recovery by Income-tax authority
Regulation 13 : Monitoring and supervision in proceedings of recovery of penalty
Regulation 14 : Refund of excess penalty
Regulation 15 : Power to determine procedure in certain circumstances
Regulation 16 : Removal of difficulties
Regulation 17 : Repeal and Savings
FORM I : Notice of demand for the recovery of penalty imposed u/s ___ of the Competition Act, 2002 
FORM II  : Payment of demand via challan must be filled out in quadruplicate for the Bank, PAO, CCI, and Depositor as set out in Form II
FORM III : Recovery Certificate for the recovery of penalty imposed under the Competition Act, 2002
FORM IV : Penalty Recovery Register
FORM V : Recovery of penalty imposed under Competition act 2002 may make a reference to the concerned income-tax authority under the Income-tax Act, 1961 for the recovery of the penalty as tax due
 
 
 

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