Penalty for making false statement or omission to furnish material information
Section 44 of the Competition Act, 2002 deals with penalty for making false statement or omission to furnish material information. If any person, being a party to a combination,-- (a) makes a statement which is false in any material particular, or knowing it to be false; The Act came into force on 31 Mar 2003.
If any person, being a party to a combination,--
(a) makes a statement which is false in any material particular, or knowing it to be false; or
(b) omits to state any material particular knowing it to be material,
such person shall be liable to a penalty which shall not be less than rupees fifty lakhs but which may extend to rupees one crore, as may be determined by the Commission.
Section 44, The Competition Act, 2002 (Act 12 of 2003).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
Judgments citing this section
These may be obiter dicta or a precedent, for you to study. These are the judgments where this section is quoted.
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… It was submitted by the learned Additional Solicitor General that the Commission has also called upon the informant to file a Certificate under [Section 65B](https://indiankanoon.org/doc/35556724/) of the Indian Evidence Act and the penalty for incorrect information is upto Rs. One Crore under [Section 44](https://indiankanoon.org/doc/1722932/) of the Competition Act. 64. It is expected that an order directing investigation be supported by 'some reasoning' (CCI Vs. SAIL para 97), which the Commission has fulfilled. Therefore, it would be unwise to prejudge the issues raised by the petitioners in these writ …
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… It was submitted by the learned Additional Solicitor General that the Commission has also called upon the informant to file a Certificate under [Section 65B](https://indiankanoon.org/doc/35556724/) of the Indian Evidence Act and the penalty for incorrect information is upto Rs. One Crore under [Section 44](https://indiankanoon.org/doc/1722932/) of the Competition Act. 64. It is expected that an order directing investigation be supported by 'some reasoning' (CCI Vs. SAIL para 97), which the Commission has fulfilled. Therefore, it would be unwise to prejudge the issues raised by the petitioners in these writ …
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… It was submitted by the learned Additional Solicitor General that the Commission has also called upon the informant to file a Certificate under [Section 65B](https://indiankanoon.org/doc/35556724/) of the Indian Evidence Act and the penalty for incorrect information is upto Rs. One Crore under [Section 44](https://indiankanoon.org/doc/1722932/) of the Competition Act. 64. It is expected that an order directing investigation be supported by 'some reasoning' (CCI Vs. SAIL para 97), which the Commission has fulfilled. Therefore, it would be unwise to prejudge the issues raised by the petitioners in these writ …
Made under this section, and citing it
2 instruments name this provision in its title or its text without being made under it.
Questions about Section 44
What does Section 44 of the Competition Act deal with?
Section 44 of the Competition Act is headed "Penalty for making false statement or omission to furnish material information". If any person, being a party to a combination,-- (a) makes a statement which is false in any material particular, or knowing it to be false;
How do I find court cases under Section 44 of the Competition Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Competition Act 44, section 44 Competition Act, section 44 of the Competition Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Section 44 of the Competition Act, and has it changed?
2 other provisions in this corpus refer back to it. 2 instruments name it without being made under it, most recently The Central Government hereby appoints the 1st day of June, 2011 as the date on which Sections 44 of the Competition Act, 2002 shall come into force. (2011), then CCI (Procedure in regard to the transaction of business relating to combinations) Amendment Regulations, 2016 (2016).
When did Section 44 of the Competition Act come into force?
Section 44 of the Competition Act, cited as Competition Act 44, came into force on 31 Mar 2003, having been enacted on 13 Jan 2003. It is in force as at the date shown on this page.
Other sections of this Act
- 66. Repeal and saving1683 words
- 2. Definitions1390 words
- 5. Combination1317 words
- 6. Regulation of combinations920 words
- 3. Anti-competitive agreements850 words
- 26. Procedure for inquiry under section 19788 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 18 Oct 2026. This page is not a substitute for legal advice.