The Monopolies And Restrictive Trade Practices Act, 1969

Posted on 17/10/2011 by ADMIN Leave a comment

The Monopolies And Restrictive Trade Practices Act, 1969

CONTENTS
Sections	Particulars
	Preamble

1	Short title, extent and commencement.
2	Definitions.
2A	Power of Central Government to decided certain matters.
3	Act not to apply in certain cases.
4	Application of other laws not barred.
5	Establishment and Constitution of the commission.
6	Terms of Office, Conditions of Service, etc., of members.
7	Removal of members from office in certain circumstances.
8	Appointment of Director General, Etc., and Staff of the commission.
9	Salaries, Etc., to be defrayed out of the consolidated fund to India.
10	Inquiry Into Monopolistic or Restrictive trade practices by commission.
11	Investigation by Director General before issue of process in certain.
12	Power of the Commission.
12A	Power of the commission to grant temporary injunctions.
12B	Power of the commission to award compensation.
12C	Enforcement of the order made by the commission under section 12A or 1.
13	Orders of commission may be subject to conditions, etc.
13A	Power of the commission to cause investigation to find out whether or not orders made by it have been complied with.
13B	Power to punish for contempt
14	Orders where party concerned does not carry on business in India.
15	Restriction of Application of order in certain cases.
16	Sittings of the Commission.
17	Hearing to be in public except in special circumstances.
18	Procedure of the commission.
19	Orders of the commission to be noted in the register.
20	Undertakings to which this part applies – Omitted by the MRTP (Amendment).
21	Expansion of undertakings – Omitted by the MRTP (Amendment) Act, 1991.
22	Establishment of new undertakings – Omitted by the MRTP (Amendment).
22A	Power to exempt – Omitted by the MRTP (Amendment) Act, 1991.
23	Merger, Amalgamation and take over – Omitted by the MRTP (Amendment).
24	Merger, Amalgamation and take over in contravention to Section 23.
25	Directors undertakings not to be appointed Directors of other under.
26	Registration of undertakings to which part a applies – Omitted.
27	Division of undertakings.
27A	Power of the Central Government to Direct Severance of Inter-Connection.
27B	Manner in which order made under Section 27 or Section 27A.
28	Matters to be considered by the Central Government before according.
29	Opportunity of being heard – Omitted by the MRTP (Amendment) Act, 1991.
30	Time within which action should be taken – Omitted by the MRTP (Amendment).
30A	Application of Chapter – Omitted by the MRTP (Amendment) Act, 1991.
30B	Restrictions on the Acquisition of Certain shares. – Omitted by the MRTP (Amendment) Act, 1991.
30C	Restriction on transfer of shares – Omitted by the MRTP (Amendment) Act, 1991.
30D	Restriction on the transfer of shares of foreign companies – Omitted by the MRTP (Amendment) Act, 1991.
30E	Power of the Central Government to Direct companies not to give effect.
30F	Time within which refusal to be communicated – Omitted by the MRTP (Amendment) Act, 1991.
30G	Nothing in sections 30B to 30E to apply to Government Companies Etc.
31	Investigation by Commission of monopolistic trade practices.
32	Monopolistic trade practice to be deemed to be prejudicial to the published.
33	Registrable Agreements relating to restrictive trade practices.
34	Registrar of restrictive trade agreements – Repealed by the MRTP (Amendment) Act, 1991.
35	Registration of Agreements.
36	Keeping the Register.
36A	Definition of unfair trade practice.
36B	Inquiry into unfair trade practice by commission.
36C	Investigation by Director General before an issue of process in certain.
36D	Powers which may be exercised by the commission inquiring into an unfair.
36E	Power relating to restrictive trade practices by commission.
37	Investigation into Restrictive trade practices by commission.
38	Presumption as to the public interest.
39	Special Conditions for Avoidance of conditions for maintaining.
40	Prohibition of other measures of maintaining resale prices.
41	Power of commission to exempt particular classes of goods from section.
42	Power of [Director General] to obtain information.
43	Power to call for information.
44	Power to appoint inspectors.
45	Penalty for contravention of Section 21 – Omitted by the MRTP (Amendment) Act, 1991.
46	Penalty for Contravention of Section 27.
47	Penalty for Contravention of Section 25 – Omitted by the MRTP (Amendment) Act, 1991.
48	Penalty for failure to register agreements.
48A	Penalty for contravention of order made under Section 27B or for possession.
48B	Penalty for contravention of Section 27B.
48C	Penalty for contravention of order made by commission relating.
49	Penalty for offences in relation to furnishing of information.
50	Penalty or offences in relation to orders under the Act.
51	Penalty for offences in relation to resale price maintenance.
52	Penalty for wrongful disclosure of information.
52A	Penalty for contravention of any condition or restriction, etc.
52B	Penalty for making false statement in application, return, etc.
53	Offences by companies.
54	Power of Central Government to impose Conditions, Limitation.
55	Appeals.
56	Jurisdiction of Courts to try offences.
57	Cognizance of offences.
58	Magistrates Power to impose enhanced penalties – Repealed by the MRTP.
59	Protection regarding statements made to the commission.
60	Restriction on Disclosure of Information.
61	Power of the Central Government to require the commission to submit.
62	Reports of the commission to be placed before parliament.
63	Members, Etc., to be public servants.
64	Protection of Action Taken in Good faith.
65	Inspection of and extracts from, the register.
66	Power to make regulations.
67	Power to make rules.

Schedules
	Schedule I
	Schedule II

Indian Laws – Bare Acts

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