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[Cites 0, Cited by 0] [Section 3] [Entire Act]

Union of India - Subsection

Section 3(1) in The Competition Commission of India (Lesser Penalty) Regulations, 2009

(1)An applicant, seeking the benefit of lesser penalty under section 46 of the Act, shall -
(a)cease to have further participation in the cartel from the time of its disclosure unless otherwise directed by the Commission;2
(b)provide vital disclosure in respect of [contravention of the provisions] [Substituted 'violation under sub-section (3)' by Notification No. L-3(4)/Reg-L.P./2017-18/CCI, dated 8.8.2017, (w.e.f. 13.8.2009).] of section 3 of the Act;
(c)provide all relevant information, documents and evidence as may be required by the Commission ;
(d)co-operate genuinely, fully, continuously and expeditiously throughout the investigation and other proceedings before the Commission; and
(e)not conceal, destroy, manipulate or remove the relevant documents in any manner, that may contribute to the establishment of a cartel.
[(1-A) Where the applicant is an enterprise, it shall also provide the names of individuals who have been involved in the cartel on its behalf and for whom lesser penalty is sought by such an enterprise.] [Inserted by Notification No. L-3(4)/Reg-L.P./2017-18/CCI, dated 8.8.2017, (w.e.f. 13.8.2009).]