Bare Act Search Results

Monopolies and Restrictive Trade Practices Act, 1969 Complete Act

State: Central

Year: 1969

.....specify in this behalf;] 15[(e) "goods" means goods as defined in the Sale of Goods Act, 1930(3 of 1930)-, and includes,- (i) products manufactured, processed or mined in India; 17 [(ii) shares and stocks including issue of shares before allotment;] (iii) in relation to goods supplied, distributed or controlled in India, goods imported into India;] (ee)16[***] 18 [(ef) "group" means a group of- (i) two or more individuals, associations of individuals, firms, trusts, trustees or bodies corporate (excluding financial institutions), or any combination thereof, which exercises, or is established to be in a position to exercise, control, directly or indirectly, over any body corporate, firm or trust; or (ii) associated persons. (III) where any person is an associated person in relation to another, the latter shall also be deemed to be an associated person in relation to the former;] (f) "India" means, for the purposes of this Act, the territories to which this Act extends; (ff)19[**] (fff)19[***] (g) "inter-connected undertakings" means two or more undertakings which are inter-connected with each other in any of the following manner, namely:- (i) if one owns or controls.....

Monopolies and Restrictive Trade Practices Act, 1969 Chapter 2

Title: Monopolies and Restrictive Trade Practices Commission

State: Central

Year: 1969

.....trade practices by Commission.- The Commission may inquire into- (a) any restrictive trade practice- (i) upon receiving a complaint of facts which constitute such practice 1[from any trade association or from any consumer or a registered consumer association, whether such consumer is a member of that consumers' association or not], or (ii) upon a reference made to it by the Central Government or a State Government, or (iii) upon an application made to it by the 2[Director General], or (iv) upon its own knowledge or information, (b) any monopolistic trade practice, upon a reference made to it by the Central Government 3[or upon an application made to it by the Director General] or upon its own knowledge or information. ________________________ 1. Substituted by Act 74 of 1986, section 3, for certain words w.e.f. 1-6-1987. 2. Substituted by Act 30 of 1984, section 2 for "Registrar" w.e.f. 1-8-1984. 3. Inserted by Act 58 of 1991, section 3 w.r.e.f. 27-9-1991. Section 11 - Investigation by Director General before issue of process in certain cases JURISDICTION ,POWERS AND PROCEDURE OF THE CORPORATION 1[11. Investigation by Director General before.....

Monopolies and Restrictive Trade Practices Act, 1969 Complete Act

Title: Monopolies and Restrictive Trade Practices Act, 1969

State: Central

Year: 1969

..... Section49 - Penalty for offences in relation to furnishing of information Section50 - Penalty for offences in relation to orders under the Act Section51 - Penalty for offences in relation to resale price maintenance Section52 - Penalty for wrongful disclosure of information Section52A - Penalty for contravention of any condition or restriction, etc Section52B - Penalty for making false statement in application, returns, etc Section53 - Offences by companies Chapter 9 Section54 - Power of Central Government to impose conditions, limitations and restrictions on approvals, etc., given under the Act Section55 - Appeals Section56 - Jurisdiction of courts to try offences Section57 - Cognizance of offences Section58 - [***] Section59 - Protection regarding statements made to the Commission Section60 - Restriction on disclosure of information Section61 - Power of the Central Government to require the Commission to submit a report Section62 - Reports of the Commission to be placed before Parliament Section63 - Members, etc., to be public servants Section64 - Protection of action taken in good faith Section65 - Inspection of, and extracts from, the register .....

Monopolies and Restrictive Trade Practices Act, 1969 Chapter 6

Title: Control of Certain Restrictive Trade Practices

State: Central

Year: 1969

.....the prices at which the goods are sold by retail would, in general and in the long run, be increased to the detriment of the public as such consumers or users, or (c) any necessary services actually provided in connection with or after the sale of goods by retail would cease to be so provided or would be substantially reduced to the detriment of the public as such consumers or users. (2) On a reference under this section in respect of goods of any class which have been the subject of proceedings before the Commission under section 31, the Commission may treat as conclusive any evidence of fact made in those proceedings. ________________________ 1. Substituted by Act 30 of 1984, section 2, for "Registrar" w.e.f. 1-8-1984.

Monopolies and Restrictive Trade Practices Act, 1969 Section 37

Title: Investigation into Restrictive Trade Practices by Commission

State: Central

Year: 1969

.....anything contained in this Act if the Commission, during the course of an inquiry under sub-section (1), finds that 1[the owner of any undertaking is indulging in monopolistic trade practices], it may, after passing such orders under sub-section (1) or sub-section (2) with respect to the restrictive trade practices as it may consider necessary, submit the case along with its findings thereon to the Central Government 2[***] for such action as that Government may take under section 31. ________________________ 1. Substituted by Act 30 of 1984, section 31 for "a monopolistic undertaking is indulging in restrictive trade practices" w.e.f. 1-8-1984. 2. The words "with regard to any monopolistic trade practice" omitted by Act 30 of 1984, section 31 w.e.f. 1-8-1984.

Monopolies and Restrictive Trade Practices Act, 1969 Chapter 1

Title: Preliminary

State: Central

Year: 1969

.....specify in this behalf;] 14 [(e) "goods" means goods as defined in the Sale of Goods Act, 1930 (8 of 1930), and includes,- (i) products manufactured, processed or mined in India; 15 [(ii)shares and stocks including issue of shares before allotment;] (iii)in relation to goods supplied, distributed or controlled in India, goods imported into India;] 16 [***] 17 [(ef) "group" means a group of- (i)two or more individuals, associations of individuals, firms, trusts, trustees or bodies corporate (excluding financial institutions), or any combination thereof, which exercises, or is established to be in a position to exercise, control, directly or indirectly, over any body corporate, firm or trust; or (ii)associated persons; Explanation.-For the purposes of this clause- (I) a group of persons who are able, directly or indirectly, to control the policy of a body corporate, firm or trust, without having a controlling interest in that body corporate, firm or trust, shall also be deemed to be in a position to exercise control over it; (II) "associated persons"- (a) in relation to a director of a body corporate, means- (i) a relative of such director, and.....

Monopolies and Restrictive Trade Practices Act, 1969 Section 2

Title: Definitions

State: Central

Year: 1969

.....specify in this behalf;] 14 [(e) "goods" means goods as defined in the Sale of Goods Act, 1930 (8 of 1930), and includes,- (i) products manufactured, processed or mined in India; 15 [(ii)shares and stocks including issue of shares before allotment;] (iii)in relation to goods supplied, distributed or controlled in India, goods imported into India;] 16 [***] 17 [(ef) "group" means a group of- (i)two or more individuals, associations of individuals, firms, trusts, trustees or bodies corporate (excluding financial institutions), or any combination thereof, which exercises, or is established to be in a position to exercise, control, directly or indirectly, over any body corporate, firm or trust; or (ii)associated persons; Explanation.-For the purposes of this clause- (I) a group of persons who are able, directly or indirectly, to control the policy of a body corporate, firm or trust, without having a controlling interest in that body corporate, firm or trust, shall also be deemed to be in a position to exercise control over it; (II) "associated persons"- (a) in relation to a director of a body corporate, means- (i) a relative of such director, and.....

Monopolies and Restrictive Trade Practices Act, 1969 Section 10

Title: Inquiry into Monopolistic or Restrictive Trade Practices by Commission

State: Central

Year: 1969

JURISDICTION ,POWERS AND PROCEDURE OF THE CORPORATION 10. Inquiry into monopolistic or restrictive trade practices by Commission.- The Commission may inquire into- (a) any restrictive trade practice- (i) upon receiving a complaint of facts which constitute such practice 1[from any trade association or from any consumer or a registered consumer association, whether such consumer is a member of that consumers' association or not], or (ii) upon a reference made to it by the Central Government or a State Government, or (iii) upon an application made to it by the 2[Director General], or (iv) upon its own knowledge or information, (b) any monopolistic trade practice, upon a reference made to it by the Central Government 3[or upon an application made to it by the Director General] or upon its own knowledge or information. ________________________ 1. Substituted by Act 74 of 1986, section 3, for certain words w.e.f. 1-6-1987. 2. Substituted by Act 30 of 1984, section 2 for "Registrar" w.e.f. 1-8-1984. 3. Inserted by Act 58 of 1991, section 3 w.r.e.f. 27-9-1991.

Monopolies and Restrictive Trade Practices Act, 1969 Chapter 5

Title: Restrictive Trade Practices and Unfair Trade Practices

State: Central

Year: 1969

1[RESTRICTIVE TRADE PRACTICES AND UNFAIR TRADE PRACTICES] ______________________ 1. Substituted by Act 30 of 1984, section 26, for "REGISTRATION OF AGREEMENT RELATING TO RESTRICTIVE TRADE PRACTICES" w.e.f. 1-8-1984.

Monopolies and Restrictive Trade Practices Act, 1969 Section 33

Title: Registrable Agreements Relating to Restrictive Trade Practices

State: Central

Year: 1969

.....or market for the disposal of the goods; (h) any agreement not to employ or restrict the employment of any method, machinery or process in the manufacture of goods; (i) any agreement for the exclusion from any trade association of any person carrying on or intending to carry on, in good faith the trade in relation to which the trade association is formed; (j) any agreement to sell goods at such prices as would have the effect of eliminating competition or a competitor; 2 [(ja) any agreement restricting in any manner, the class or number of wholesalers, producers or suppliers from whom any goods may be bought; (jb) any agreement as to the bids which any of the parties thereto may offer at an auction for the sale of goods or any agreement whereby any party thereto agrees to abstain from bidding at any auction for the sale of goods;] (k) any agreement not herein before referred to in this section which the Central Government may, 3 [by notification], specify for the time being as being one relating to a restrictive trade practice within the meaning of this sub-section pursuant to any recommendation made by the Commission in this behalf; (l) any agreement to enforce the.....