CS Executive · Economic, Commercial and Intellectual Property Laws · Competition Law
Rohan Steels Ltd. deliberately and without any reasonable ground disobeys an order of the Appellate Tribunal. Which statement about the consequence under the Act is correct?
The Chief Metropolitan Magistrate, Delhi may impose a penalty up to rupees one crore, imprisonment up to three years, or both. Cognizance can be taken only on a complaint made by an officer authorised by the Appellate Tribunal, and the contravention must be without reasonable ground.
- AThe Chief Metropolitan Magistrate, Delhi may impose a penalty up to rupees one crore or imprisonment up to three years or both, on a complaint by an officer authorised by the Appellate TribunalCorrect
- BThe Competition Commission may imprison the officers for up to one year
- CThe Supreme Court alone may take cognizance on a suo motu basis, with a fine up to Rs 10 lakh
- DThe Appellate Tribunal itself may impose imprisonment up to five years
Explanation
Section 53Q(1) provides a penalty not exceeding Rs one crore or imprisonment up to three years or both, as the Chief Metropolitan Magistrate, Delhi deems fit. The Magistrate takes cognizance only on a complaint by an officer authorised by the Appellate Tribunal. The other options misstate the forum or the punishment.
Did you get it right without looking?
One question tells you little. A timed set on Competition Law shows your real accuracy, how long you take and where you lose marks.
More Competition Law questions
- The Government of a State is framing a policy on licensing of agricultural produce markets and wants to know how it may affect competition. …
- Which statement about the procedure and powers of the Appellate Tribunal under the Competition Act, 2002 is correct?
- After hearing the parties in an appeal filed by Kavya Traders against a Competition Commission order, the Appellate Tribunal disagrees with …
- Under Section 8 as given in the text, which composition of the Competition Commission of India is correct?
- A student states that advocacy work of the Competition Commission is carried only through opinions on Government references. Which provision…
- Aarav Traders, Bharat Supplies and Chetan Enterprises are bidding for a municipal tender. They secretly agree that Aarav will quote the lowe…