The Competition Act in its 2023 amendment introduced limitation period for entertaining information or references regarding alleged contraventions under the Act. The said limitation period is of
Three years
The Competition (Amendment) Act, 2023 inserted sub-section (6) in Section 19 of the Competition Act, 2002, introducing for the first time a limitation period for information or references relating to anti-competitive agreements and abuse of dominance.
Under Section 19(6) no information or reference shall be entertained by the Competition Commission of India unless it is filed within three years from the date on which the cause of action arose.
The proviso allows the Commission to entertain information or a reference after three years if it is satisfied that there was sufficient cause for not filing within that period, recording its reasons.
Check: limitation = 3 years from the cause of action under Section 19(6), extendable only for sufficient cause; five, two or one year are not the period fixed by the amendment.
Hence, Three years.
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