Question
As per the Competition Act, the Commission also has the
power to impose a fine which may extend to _________of the total turnover or the assets of the combination, whichever is higher, for failure to give notice to the Commission of the combination.Solution
Section 43A. Power to impose penalty for non-furnishing of information on combinations—If any person or enterprise who fails to give notice to the Commission, the Commission shall impose on such person or enterprise a penalty which may extend to one per cent. of the total turnover or the assets, whichever is higher, of such a combination.
Select the phrase from the options below that should replace the underlined phrase in the sentence to make it grammatically and contextually correct. I...
Select the phrase from the options below that should replace the underlined phrase in the sentence to make it grammatically and contextually correct. I...
We are on talks with several Indian companies for setting up a joint venture to provide the full range of post-guarantee maintenance and repair services...
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The well-manicured grass lawn surround with trees keeps the place naturally cool.
...A goldsmith with no formal architectural training, went i n to triple-handedly create a brilliant and risky octagonal structure that became the essentia...
The car mechanic fixed the vehicle with great ease , but he charged me the arm and a leg .
...I. There have been several attacks on foreigners recent.
II. He is a good man whom fortune makes better.
III. She thinks that as each...
From the below given options find the correctly spelt word.Â
Though the GST rate structure prevail at its onset in July 2017 was restored last year, additional GST revenues of nearly ₹1.25 lakh crore could have...