However, experts say there is a need for clarification on whether this law applies to new complaints or the ongoing investigations.
"The Ministry of Corporate Affairs (MCA) notification (regarding global turnover for penalty calculation) is an explanation to Section 27 of the principal Act. It deals with the type of orders that the CCI can pass. It would mean trouble for companies as in cases where order is not yet passed, the penalty can go up to 10 per cent of global turnover," an official source said.
Bu hikaye Business Standard dergisinin March 09, 2024 sayısından alınmıştır.
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Bu hikaye Business Standard dergisinin March 09, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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