Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 32 – The Monopolies And Restrictive Trade Practices Act, 1969

The Monopolies And Restrictive Trade Practices Act, 1969

 

32. MONOPOLISTIC TRADE PRACTICE TO BE DEEMED TO BE PREJUDICIAL TO THE PUBLIC INTEREST EXCEPT IN CERTAIN CASES.

 

For the purposes of this Act, every monopolistic trade practice shall be deemed to be prejudicial to the public interest, except where –

 

(a) such trade practice is expressly authorised by any enactment for the time being in force, or

 

(b) the Central Government, being satisfied that any such trade practice is necessary –

 

(i) to meet the requirements of the defence of India or any part thereof, or for the security of the State; or

 

(ii) to ensure the maintenance of supply of goods and services essential to the community; or

 

(iii) to give effect to the terms of any agreement to which the Central Government is a party,

 

by a written order, permits the owner of any undertaking to carry on any such trade practice.

 

 

Previous | Next

 

The Monopolies And Restrictive Trade Practices Act, 1969

 

Indian Laws – Bare Acts

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation