Law · Competition Law
Under the Competition Act, 2002, what is the statutory penalty range for making a false statement or omitting a material fact to the Competition Commission of India by a person who is a party to a combination?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Between 50 lakhs to 1 crore rupees✓
- 2Between 20 lakhs to 50 lakhs rupees
- 3Between 8 lakhs to 10 lakhs rupees
- 4Between 70 lakhs to 1 crore rupees
Correct answer
Between 50 lakhs to 1 crore rupees
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