Competition Act, 2002 : Power to award compensation. Indian Bare Acts :

Competition Act, 2002,2003

Act No : 12

Section : Power to award compensation.

34. Power to award compensation.-(1) Without prejudice to any other provisions contained in this Act, any person may make an application to the Commission for an order for the recovery of compensation from any enterprise for any loss or damage shown to h ve been suffered, by such person as a result of any contravention of the provisions of Chapter II, having been committed by such enterprise. (2) The Commission may, after an inquiry made into the allegations mentioned in the application made under sub-section (1), pass an order directing the enterprise to make payment to the applicant, of the amount determined by it as realisable from the ent rprise as compensation for the loss or damage caused to the applicant as a result of any contravention of the provisions of Chapter II having been committed by such enterprise. (3) Where any loss or damage referred to in sub-section (1) is caused to numerous persons having the same interest, one or more of such persons may, with the permission of the Commission, make an application under that sub-section for and on behalf of, o for the benefit of, the persons so interested, and thereupon, the provisions of rule 8 of Order 1 of the First Schedule to the Code of Civil Procedure, 1908 (5 of 1908), shall apply subject to the modification that every reference therein to a suit or ecree shall be construed as a reference to the application before the Commission and the order of the Commission thereon.