Circular CCI/CIR/2015/259 of the Competition Commission of India dated 22nd April, 2015 on the recovery of debts [C11-DHQ]
As at 7 September 2026. In force. No commencement recorded.
CCI/CIR/2015/259
Competition Commission of India
New Delhi, dated the 22nd April, 2015
CIRCULAR
To
All Registrars of Companies,
Subject: The recovery of debts by creditors under the Competition Act, 2003, regarding.
In exercise of the powers conferred by section 9 of the Competition Act, 2003 (12 of 2003), the Competition Commission of India hereby issues the following
1. References have been received seeking clarification on the manner in which section 9 applies to the recovery of debts by creditors.
2. The matter has been examined. Every creditor carrying on the recovery of debts shall make an application in Form AOC-4 to the Tribunal within sixty days, accompanied by a fee of two hundred rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the recovery of debts is undertaken, and the Tribunal shall dispose of it within sixty days of its receipt.
4. Difficulties, if any, in the implementation of this circular may be brought to the notice of the Competition Commission of India.
(Chief General Manager)
Made under
Recital: "In exercise of the powers conferred by section 9 of the Competition Act, 2003 (12 of 2003), the Competition Commission of India hereby issues the following". Names section 9 of the Competition Act, 2003 (12 of 2003) [S21-MK6]. Vires verified.
Acts on (0)
none
Acted on by (0)
none
Not held (0)
none