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Competition Commission of India Enhances value of turnover, by fifty per cent for the purposes of sections 5 of the Competition Act, 2001

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The Central Government in consultation with the Competition Commission of India, hereby Enhance value of turnover, by fifty per cent for the purposes of sections 5 of the Competition Act, 2001

GOVERNMENT OF INDIA

MINISTRY OF CORPORATE AFFAIRS

Notification

New Delhi dated the 4th March, 2011.

S.O. 480(E).- In exercise of the powers conferred by sub-section (3) of section 20, of the Competition Act, 2002 (12 of 2003), the Central Government, in consultation with the Competition Commission of India, hereby enhance, on the basis of the wholesale price index, the value of assets and the value of turnover, by fifty per cent for the purposes of section 5 of the said Act.

[F.No.5/4/2003-IGC/CS]

(RENUKA KUMAR)

JOINT SECRETARY

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