Form III - Recovery Certificate - CCI (Manner Of Recovery Of Monetary Penalty) Regulations, 2011

THE COMPETITION COMMISSION OF INDIA FORM III (See regulation 6) RECOVERY CERTIFICATE [Under The Competition Act, 2002 (12 of 2003)] To . . . Ref: Case No. Subject: Recovery Certificate for the recovery of penalty imposed u/s of the Competition Act, 2002 (12 of 2003) regarding. Whereas vide order dated in the matter of .. (case No. ..) the Competition Commission of India (the Commission) has imposed a penalty of Rs. . (Rupees ) on . (Name of the concerned enterprise) having its office at (address) and having .. PAN number under section (s) . of the Competition Act, 2002 (12 of 2003) (the Act); and WHEREAS the Commission, in its demand notice dated . to the enterprise had given time up to ; and WHEREAS you have failed to pay the said penalty despite the demand notice being served on you on .. within .. days as specified therein. Upon your failure to make payments within the aforesaid time, you are hereby deemed to be an enterprise in default; NOW, therefore, the Commission shall proceed to recover the amount due by adopting all or any of the modes specified under regulation 9 of the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 2010 (the Regulations) including the following measures specified under regulation 10 of the Regulations, namely:- (a) Attachment and sale of any movable property of the enterprise; and/or (b) Attachment and sale of any immovable property of the enterprise. Place: . Date: : . Signature: . Name: . Designation : . (Recovery Officer) Seal