Competition Act, 2002

Penalty for [contraventions] in relation to furnishing of information.

45.[(1) Without prejudice to the provisions of [sub-section (6) of section 6 and] section 44, if a person, who furnishes or is required to furnish under this Act any particulars, documents or any information,-

(a)	-	makes any statement or furnishes any document which he knows or has reason to believe to be false in any material particular; or
(b)	-	omits to state any material fact knowing it to be material; or
(c)	-	wilfully alters, suppresses or destroys any document which is required to be furnished as aforesaid,

such person shall be [liable to a penalty] which may extend to rupees one crore as may be determined by the Commission.]

(2) Without prejudice to the provisions of sub-section (1), the Commission may also pass such other order as it deems fit.

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