Section 12A of ECA : Section 12A: Power To Try Summarily

ECA

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Explanation using Example

Imagine a scenario where there is a sudden spike in the prices of edible oils in the market due to hoarding by some traders. The Central Government, in response to this situation and to ensure the availability of this essential commodity at reasonable prices, issues an order under Section 3 of the Essential Commodities Act, 1955, imposing stock limits on edible oils for traders.

Subsequently, a particular trader is found to be in possession of quantities of edible oil exceeding ...

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