Section 53U of CA, 2002 : Section 53U: Power To Punish For Contempt

Explanation using Example

An example of the application of Section 53U of The Competition Act, 2002 could be a situation where a company executive, who has been summoned by the Competition Appellate Tribunal for a hearing regarding an alleged anti-competitive practice, fails to appear without a valid reason. The executive's non-compliance with the Tribunal's order could be seen as contempt of the Tribunal. Under Section 53U, the Appellate Tribunal has the power to punish the executive for contempt in a similar manner to how a High Court would handle contempt of court, using the provisions of the Contempt of Courts Act, 1971 with the necessary modifications.