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TypeBare Act JurisdictionCentral Government

Competition Act, 2002 Section 52

Accounts and audit.—

~1 min read
https://sooperkanoon.com/act/514544

Bare act section · Research

About this section

Competition Act, 2002 Section 52 is part of Competition Act, 2002 - Accounts and audit.—. Read the section text below and explore Indian court judgments that cite it.

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Section Text

1) The Commission shall maintain proper accounts and other relevant records and prepare an annual statement of accounts in such form as may be prescribed by the Central Government in consultation with the Comptroller and Auditor-General of India.

(2) The accounts of the Commission shall be audited by the Comptroller and Auditor-General of India at such intervals as may be specified by him and any expenditure incurred in connection with such audit shall be payable by the Commission to the Comptroller and Auditor-General of India.

Explanation.—For the removal of doubts, it is hereby declared that the orders of the Commission, being matters appealable to the 7[Appellate Tribunal or the Supreme Court], shall not be subject to audit under this section.

(3) The Comptroller and Auditor-General of India and any other person appointed by him in connection with the audit of the accounts of the Commission shall have the same rights, privileges and authority in connection with such audit as the Comptroller and Auditor-General of India generally has, in connection with the audit of the Government accounts and, in particular, shall have the right to demand the production of books, accounts, connected vouchers and other documents and papers and to inspect Section 1 - any of the offices of the Commission

Frequently asked questions

What does Competition Act, 2002 Section 52 provide?

Section Section 52 of the Competition Act, 2002 (Accounts and audit.—) is reproduced on this page as part of the Competition Act, 2002. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Competition Act, 2002 Section 52?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Competition Act, 2002 Section 52. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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