The Govt. has proposed numerous amendment to the Competition Law. Therefore, it has issued draft bill for seeking public comments. In the bill, prepared by the corporate affairs ministry, provision for settlement of cases has been proposed, among others. Another proposal in the bill is to have a clause wherein a person can offer "commitments in respect of the alleged contraventions", subject to certain conditions.
from taxmann.com News https://ift.tt/37S5Rye
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