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The Competition Act, 2002
Section 48B

The Competition Act, 2002

Chapter VI — PENALTIES

Section 48BCommitment

Read in the full Act

Section 48B: Commitment

Contents

Preamble
Chapter I — PRELIMINARY
1Short title, extent and commencement
2Definitions
Chapter II — PROHIBITION OF CERTAIN AGREEMENTS, ABUSE OF DOMINANT POSITION AND REGULATION OF COMBINATIONS Prohibition of agreements
3Anti-competitive agreements
4Abuse of dominant position
5Combination
6Regulation of combinations
6AOpen offers, etc
Chapter III — COMPETITION COMMISSION OF INDIA
7Establishment of Commission
8Composition of Commission
9Selection Committee for Chairperson and Members of Commission
10Term of office of Chairperson and other Members
11Resignation, removal and suspension of Chairperson and other members
12Restriction on employment of Chairperson and other Members
13Administrative powers of Chairperson
14Salary and allowances and other terms and conditions of service of Chairperson and other Members
15Vacancy, etc., not to invalidate proceedings of Commission
16Appointment of Director-General, etc
17Appointment of Secretary, experts, professionals and officers and other employees of Commission
Chapter IV — DUTIES, POWERS AND FUNCTIONS OF COMMISSION
18Duties and functions of Commission
19Inquiry into certain agreements and dominant position of enterprise
20Inquiry into combination by commission
21Reference by statutory authority
21AReference by Commission
22Meetings of Commission
23Omitted
24Omitted
25Omitted
26Procedure for inquiry under section 19
27Orders by Commission after inquiry into agreements or abuse of dominant position
28Division of enterprise enjoying dominant position
29Procedure for investigation of combinations
29AIssue of statement of objections by Commission and proposal of modifications
30Inquiry into disclosures under sub-section (2) of section 6
31Orders of Commission on certain combinations
32Acts taking place outside India but having an effect on competition in India
33Power to issue interim orders
34Omitted
35Appearance before Commission
36Power of Commission to regulate its own procedure
37Omitted
38Rectification of orders
39Execution of orders of Commission imposing monetary penalty
40Omitted
Chapter V — DUTIES OF DIRECTOR GENERAL
41Director General to investigate contravention
Chapter VI — PENALTIES
42Contravention of orders of Commission
42ACompensation in case of contravention of orders of Commission
43Penalty for failure to comply with directions of Commission and Director General
43APower to impose penalty for non-furnishing of information on combinations
44Penalty for making false statement or omission to furnish material information
45Penalty for contraventions in relation to furnishing of information
46Power to impose lesser penalty
47Crediting sums realised by way of penalties to Consolidated Fund of India
48Contravention by companies
48ASettlement
48BCommitment
48CRevocation of the Settlement or Commitment order and penalty
Chapter VII — COMPETITION ADVOCACY
49Competition advocacy
Chapter VIII — FINANCE, ACCOUNTS AND AUDIT
50Grants by Central Government
51Constitution of Fund
52Accounts and audit
53Furnishing of returns, etc., to Central Government
53AAppellate Tribunal
53BAppeal to Appellate Tribunal
53COmitted
53DOmitted
53EOmitted
53FOmitted
53GOmitted
53HVacancies
53IOmitted
Chapter VIII — A APPELLATE TRIBUNAL
53JOmitted
53KOmitted
53LOmitted
53MOmitted
53NAwarding compensation
53OProcedures and powers of Appellate Tribunal
Chapter VIII — A APPELLATE TRIBUNAL
53PExecution of orders of Appellate Tribunal
53QContravention of orders of Appellate Tribunal
53ROmitted
53SRight to legal representation
Chapter VIII — A APPELLATE TRIBUNAL
53TAppeal to Supreme Court
53UPower to Punish for contempt
Chapter IX — MISCELLANEOUS
54Power to exempt
55Power of Central Government to issue directions
56Power of Central Government to supersede Commission
57Restriction on disclosure of information
58Chairperson, Members, Director General, Secretary, officers and other employees, etc., to be public servants
59Protection of action taken in good faith
59ACompounding of certain offences
60Act to have overriding effect
61Exclusion of jurisdiction of civil courts
62Application of other laws not barred
63Power to make rules
64Power to make regulations
64AProcess of issuing regulations
64BCommission to issue guidelines
65Power to remove difficulties
66Repeal and saving
Rules and regulations
Made under this Act
Commentary
Background and purpose
What it covers
Legislative history
Structure
Related laws
Sources

48B. Commitment

Previous section 48A. Settlement Next section 48C. Revocation of the Settlement or Commitment order and penalty

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Not an official publication. This text has no legal authority and is not legal advice. Check the Gazette of India before relying on any provision.

Last updated 30 October 2026

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