Section 42 - Insertion of new section 59A - Competition (Amendment) Act, 2023

Insertion of new section 59A. 42 . After section 59 of the principal Act, the following section shall be inserted, namely: Compounding of certain offences. 59A. Notwithstanding anything contained in the Code of Criminal Procedure, 1973 (2 of 1974), any offence punishable under this Act, not being an offence punishable with imprisonment only or imprisonment and also with fine, may either before or after the institution of any proceeding, be compounded by the Appellate Tribunal or a court before which such proceeding is pending. . *********** Notes:- 1. Come into the force w.e.f. 18-05-20203 vide Notification No. S.O. 2228(E) dated 18-05-2023