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Section48A
The Competition Act, 2002

Settlement

In force From 31 Mar 2003 Act 12 of 2003 As on 15 Oct 2026

Act 12 of 2003 Ministry Corporate Affairs Enacted 13 Jan 2003 In force 31 Mar 2003 Cited by 4 provisions

Section 48A of the Competition Act, 2002 deals with settlement. Any enterprise, against whom any inquiry has been initiated under sub-section (1) of section 26 for contravention of sub-section (4) of section 3 or section 4, may, for settlement of the proceeding initiated for the alleged contraventions, submit an application in writing to the Commission in such f The Act came into force on 31 Mar 2003.

1[48A. Settlement.--(1) Any enterprise, against whom any inquiry has been initiated under sub-section (1) of section 26 for contravention of sub-section (4) of section 3 or section 4, may, for settlement of the proceeding initiated for the alleged contraventions, submit an application in writing to the Commission in such form and upon payment of such fee as may be specified by regulations.

(2) An application under sub-section (1) may be submitted at any time after the receipt of the report of the Director General under sub-section (4) of section 26 but prior to such time before the passing of an order under section 27 or section 28 as may be specified by regulations.

(3) The Commission may, after taking into consideration the nature, gravity and impact of the contraventions, agree to the proposal for settlement, on payment of such amount by the applicant or on such other terms and manner of implementation of settlement and monitoring as may be specified by regulations.

(4) While considering the proposal for settlement, the Commission shall provide an opportunity to the party concerned, the Director General, or any other party to submit their objections and suggestions, if any.

(5) If the Commission is of the opinion that the settlement offered under sub-section (1) is not appropriate in the circumstances or if the Commission and the party concerned do not reach an agreement on the terms of the settlement within such time as may be specified by regulations, it shall, by order, reject the settlement application and proceed with its inquiry under section 26.

(6) The procedure for conducting the settlement proceedings under this section shall be such as may be specified by regulations.

(7) No appeal shall lie under section 53B against any order passed by the Commission under this section.

(8) All settlement amounts, realised under this Act shall be credited to the Consolidated Fund of India.]

Section 48A, 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.

This section refers to

  1. s. 3 Anti-competitive agreements
  2. s. 4 Abuse of dominant position
  3. s. 26 Procedure for inquiry under section 19
  4. s. 27 Orders by Commission after inquiry into agreements or abuse of dominant position
  5. s. 28 Division of enterprise enjoying dominant position
  6. s. 53B Appeal to Appellate Tribunal

Referred to by 4

  1. s. 2 Definitions
  2. s. 48C Revocation of the Settlement or Commitment order and penalty
  3. s. 53N Awarding compensation
  4. s. 64 Power to make regulations

Questions about Section 48A

What does Section 48A of the Competition Act deal with?

Section 48A of the Competition Act is headed "Settlement". [48A. Settlement.--(1) Any enterprise, against whom any inquiry has been initiated under sub-section (1) of section 26 for contravention of sub-section (4) of section 3 or section 4, may, for settlement of the proceeding initiated for the alleged contraventions, submit an application in writing to t

How do I find court cases under Section 48A 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 48A, section 48A Competition Act, section 48A 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 48A of the Competition Act, and has it changed?

Its own text turns on section 3 (Anti-competitive agreements), section 4 (Abuse of dominant position), section 26 (Procedure for inquiry under section 19), section 27 (Orders by Commission after inquiry into agreements or abuse of dominant position), and on 2 further provisions, so none of them can safely be read on its own. 4 other provisions in this corpus refer back to it.

When did Section 48A of the Competition Act come into force?

Section 48A of the Competition Act, cited as Competition Act 48A, 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

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 15 Oct 2026. This page is not a substitute for legal advice.