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Section48C
The Competition Act, 2002

Revocation of the Settlement or Commitment order and penalty

In force From 31 Mar 2003 Act 12 of 2003 As on 19 Oct 2026

Act 12 of 2003 Ministry Corporate Affairs Enacted 13 Jan 2003 In force 31 Mar 2003

Section 48C of the Competition Act, 2002 deals with revocation of the Settlement or Commitment order and penalty. If an applicant fails to comply with the order passed under section 48A or section 48B or it comes to the notice of the Commission that the applicant has not made full and true disclosure or there has been a material change in the facts, the order passed under section 48A or section 48B, as the case The Act came into force on 31 Mar 2003.

1[48C. Revocation of the settlement or commitment order and penalty.--If an applicant fails to comply with the order passed under section 48A or section 48B or it comes to the notice of the Commission that the applicant has not made full and true disclosure or there has been a material change in the facts, the order passed under section 48A or section 48B, as the case may be, shall stand revoked and withdrawn and such enterprise shall be liable to pay legal costs incurred by the Commission which may extend to rupees one crore and the Commission may restore or initiate the inquiry in respect of which the order under section 48A or section 48B was passed.

Section 48C, 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. 48A Settlement
  2. s. 48B Commitment

Questions about Section 48C

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

Section 48C of the Competition Act is headed "Revocation of the Settlement or Commitment order and penalty". [48C. Revocation of the settlement or commitment order and penalty.--If an applicant fails to comply with the order passed under section 48A or section 48B or it comes to the notice of the Commission that the applicant has not made full and true disclosure or there has been a material change in the

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

Its own text turns on section 48A (Settlement), section 48B (Commitment), so none of them can safely be read on its own.

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

Section 48C of the Competition Act, cited as Competition Act 48C, 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 19 Oct 2026. This page is not a substitute for legal advice.