# 44 Penalty for making false statement or omission to furnish material information
If any person, being a party to a combination,--
(a) makes a statement which is false in any material particular, or knowing it to be false; or
(b) omits to state any material particular knowing it to be material,
such person shall be liable to a penalty which shall not be less than rupees fifty lakhs but which may extend to rupees one crore, as may be determined by the Commission.
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PENALTIES
42
Contravention of orders of Commission42A
Compensation in case of contravention of orders of Commissio43
Penalty for failure to comply with directions of Commission and Director General43A
Power to impose penalty for non-furnishing of information on combinations45
Penalty for offences in relation to furnishing of informatio46
Power to impose lesser penalt47
Crediting sums realised by way of penalties to Consolidated Fund of India
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