Home Acts & Rules Law of Competition Act Competition Act, 2002 Chapters List Chapter IV Duties, Powers and Functions of Commission This
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Section 34 - Power to award compensation (Omitted) - Competition Act, 2002Extract Power to award compensation. 34. 1 [ **** ] ***************** NOTES:- 1 . Omitted vide Competition (Amendment) Act, 2007 dated 24-09-2007 before it was read as, Power to award compensation (1) Without prejudice to any other provisions contained in this Act, any person may make an application to the Commission for an order for the recovery of compensation from any enterprise for any loss or damage shown to have been suffered, by such person as a result of any contravention of the provisions of Chapter II, having been committed by such enterprise. (2) The Commission may, after an inquiry made into the allegations mentioned in the application made under sub-section (1), pass an order directing the enterprise to make payment to the applicant, of the amount determined by it as realisable from the enterprise as compensation for the loss or damage caused to the applicant as a result of any contra vention of the provisions of Chapter II having been committed by such enterprise. (3) Where any loss or damage referred to in sub-section (1) is caused to numerous persons having the same interest, one or more of such persons may, with the permission of the Commission, make an application under that sub-section for and on behalf of, or for the benefit of, the persons so interested, and thereupon, the provisions of rule 8 of Order 1 of the First Schedule to the Code of Civil Procedure, 1908 (5 of 1908), shall apply subject to the modification that every reference therein to a suit or decree shall be construed as a reference to the application before the Commission and the order of the Commission thereon.
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