How many sections are in The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP)?

The The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP) contains a total of 67 sections organized across 9 chapters. The chapters are: Chapter IP — reliminary — 28 sections; Chapter IIMO — nopolies And Restrictive Trade Practices Commission — 13 sections; Chapter IIICO — ncentration Of Economic Power — 1 sections; Chapter IVMO — nopolistic Trade Practices — 2 sections; Chapter V — [RESTRICTIVE TRADE PRACTICES AND UNFAIR TRADE PRACTICES] [ Substituted by Act 30 of 1984, Section 26, for the heading (w.e.f. 1.8.1984).] — 3 sections; Chapter VICO — ntrol Of Certain Restrictive Trade Practices — 5 sections; Chapter VIIP — ower To Obtain Information And Appoint Inspectors — 2 sections; Chapter VIIIO — ffences And Penalties — 6 sections; Chapter IXMIS — cellaneous — 7 sections.

Where can I read the complete MRTP bare act online for free?

You can read the complete, updated text of The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP) with all 67 sections for free at Law on Tips (lawontips.com). Each section includes the full legislative text with chapter-wise navigation.

What does MRTP deal with?

The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP) is an Indian legislation enacted in 1969 passed by the Parliament of India. An Act to provide for the control of monopolies, prevention of restrictive trade practices and unfair trade practices. Replaced by Competition Act, 2002. Read the complete bare act text with section-by-section navigation at Law on Tips.

What is the full form of MRTP?

MRTP stands for "The Monopolies and Restrictive Trade Practices Act, 1969". It is an Indian legislation containing 67 sections across 9 chapters. You can read the complete MRTP bare act with all sections at Law on Tips.

The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP) - Complete Bare Act with All 67 Sections | Law on Tips

Ch. IP

reliminary

S.1Short title, extent and commencement .-(1) This Act may be called The Monopolies and Restrictive Trade Practices Act, 1969 S.2Definitions .-In this Act, unless the context otherwise requires,S.3Act not to apply in certain cases .-Unless the Central Government, [by notification] [Substituted by Act 30 of 1984, Section 3, for Clause (e) (w.e.f. 1.8.1984). ], otherwise directs, this Act shall not apply to S.4Application of other laws not barred .-(1) Save as otherwise provided in sub-section (2) or elsewhere in this Act, the provisions of this Act shall be in addition to, and not in derogation of, any other law for the time being in force S.14[Repealed]S.19[Repealed]S.20[Repealed]S.21[Repealed]S.22[Repealed]S.23[Repealed]S.24[Repealed]S.25[Repealed]S.26[Repealed]S.28[Repealed]S.29[Repealed]S.30[Repealed]S.34[Repealed]S.43[Repealed]S.45[Repealed]S.47[Repealed]S.51[Repealed]S.55[Repealed]S.56[Repealed]S.57[Repealed]S.58[Repealed]S.61[Repealed]S.62[Repealed]S.63[Repealed]

Ch. IIMo

nopolies And Restrictive Trade Practices Commission

S.5Establishment and constitution of the Commission .-(1) For the purposes of this Act, the Central Government shall establish, [by notification]] [ Inserted by Act 30 of 1984, Section 3 (w.e.f. 1.8.1984).], a Commission to be known as the Monopolies and Restrictive Trade Practices Commission which shall consist of a Chairman and not less than two and not more than eight other members, to be appointed by the Central Government S.6Terms of office, conditions of service, etc., of members .-(1) Every member shall hold office for such period, not exceeding five years, as may be specified by the Central Government in the notification made under sub-section (1) of section 5, but shall be eligible for re-appointment:S.7Removal of members from office in certain circumstances .-(1) The Central Government may remove from office any member, who S.8[ Appointment of Director-General, etc., and staff of the Commission S.9Salaries, etc., to be defrayed out of the Consolidated Fund of India .-The salaries and allowances payable to the members and the administrative expenses, including salaries, allowances and pensions, payable to or in respect of officers and other employees of the Commission, shall be defrayed out of the Consolidated Fund of India S.10Inquiry into monopolistic or restrictive trade practices by Commission .-The Commission may inquire into S.11[ Investigation by Director-General before issue of process in certain cases S.12Powers of the Commission .-(1) The Commission shall, for the purposes of any inquiry under this Act, have the same powers as are vested in a Civil Court under the Code of Civil Procedure, 1908 (5 of 1908), while trying a suit, in respect of the following matters, namely:S.13Orders of Commission may be subject to conditions, etc .-(1) In making any order under this Act, the Commission may make such provisions not inconsistent with this Act, as it may think necessary or desirable for the proper execution of the order and any person who commits a breach of or fails to comply with any obligation imposed on him by any such provision shall be deemed to be guilty of an offence under this Act S.15Restriction of application of orders in certain cases .-No order made under this Act with respect to any monopolistic or restrictive trade practice shall operate so as to restrict S.16Sittings of the Commission .-(1) The central office of the Commission shall be in Delhi but the Commission may sit at such places in India and at such times as may be most convenient for the exercise of its powers or functions under this Act S.17Hearing to be in public except in special circumstances .-(1) Subject to the provisions of sub-section (2), the hearing of proceedings before the Commission shall be in public S.18Procedure of the Commission .-(1) Subject to the provisions of this Act, the Commission shall have power to regulate

Ch. IIICo

ncentration Of Economic Power

S.27Division of undertakings .-(1) [Notwithstanding anything contained in this Act or in any other law for the time being in force, the Commission may,

Ch. IVMo

nopolistic Trade Practices

S.31Investigation by Commission of monopolistic trade practices .-(1) Where it appears to the Central Government that [the owners of one or more undertakings are indulging in any practice, which is, or, may be, a monopolistic trade practice] or that, monopolistic trade practices prevail in respect of any goods or services, that Government may refer the matter to the Commission for an inquiry and the Commission shall, after such hearing as it thinks fit, report to the Central Government its finding thereon:S.32[ Monopolistic trade practice to be deemed to be prejudicial to the public interest except in certain cases

Ch. V

[RESTRICTIVE TRADE PRACTICES AND UNFAIR TRADE PRACTICES] [ Substituted by Act 30 of 1984, Section 26, for the heading (w.e.f. 1.8.1984).]

S.33Registrable agreements relating to restrictive trade practices .-(1) [Every agreement falling within one or more of the following categories shall be deemed, for the purposes of this Act, to be an agreement relating to restrictive trade practices and shall be subject to registration] [ Inserted by Act 30 of 1984, Section 24 (w.e.f. 1.8.1984).] in accordance with the provisions of this Chapter, namely:S.35Registration of agreements .-(1) The Central Government shall [by notification] specify a day (hereinafter referred to as the appointed day) on and from which every agreement falling within section 33 shall become registrable under this Act:S.36Section 36

Ch. VICo

ntrol Of Certain Restrictive Trade Practices

S.37Investigation into restrictive trade practices by Commission .-(1) The Commission may inquire into any restrictive trade practice, whether the agreement, if any, relating thereto has been registered under section 35 or not, which may come before it for inquiry and, if after such inquiry it is of opinion that the practice is prejudicial to the public interest, the Commission may, by order, direct that S.38Presumption as to the public interest .-(1) For the purposes of any proceedings before the Commission under section 37, a restrictive trade practice shall be deemed to be prejudicial to the public interest unless the Commission is satisfied of any one or more of the following circumstances, that is to say S.39Special conditions for avoidance of conditions for maintaining re-sale prices .-(1) Without prejudice to the provisions of this Act with respect to registration and to any of the powers of the Commission or of the Central Government under this Act, any term or condition of a contract for the sale of goods by a person to a wholesaler or retailer or any agreement between a person and a wholesaler or retailer relating to such sale shall be void insofar as it purports to establish or provide for the establishment of minimum prices to be charged on the re-sale of goods in India S.40Prohibition of other measures for maintaining re-sale prices .-(1) Without prejudice to the provisions of this Act with respect to registration and to any of the powers of the Commission or of the Central Government under this Act, no supplier shall withhold supplies of any goods from any wholesaler or retailer seeking to obtain them for re-sale in India on the ground that the wholesaler or retailer S.41Power of Commission to exempt particular classes of goods from sections 39 and 40.-(1) The Commission may, on a reference made to it by the [Director-General] or any other person interested, by order, direct that goods of any class specified in the order shall be exempt from the operation of sections 39 and 40 if the Commission is satisfied that in default of a system of maintained minimum re-sale prices applicable to those goods

Ch. VIIP

ower To Obtain Information And Appoint Inspectors

S.42Power of [Director-General] to obtain information S.44Power to appoint Inspectors .-(1) The Central Government may, if it is of opinion that there are circumstances suggesting that an undertaking is indulging in any monopolistic [or restrictive, or unfair trade practice] or is, in any way, trying to acquire any control over any dominant or inter-connected undertaking, appoint one or more inspectors for making an investigation into the affairs of the undertaking

Ch. VIIIO

ffences And Penalties

Ch. IXMis

cellaneous

S.54Power of Central Government to impose conditions, limitations and restrictions on approvals, etc., given under the Act .-(1) The Central Government may, while S.59Protection regarding statements made to the Commission .-No statement made by a person in the course of giving evidence before the Commission shall subject him to, or be used against him in, any civil or criminal proceeding except a prosecution for giving false evidence by such statements:S.60Restriction on disclosure of information .-(1) No information relating to any undertaking, being an information which has been obtained by or on behalf of the Commission for the purposes of this Act shall, without the previous permission in writing of the owner for the time being of the undertaking, be disclosed otherwise than in compliance with or for the purposes of this Act S.64Protection of action taken in good faith .-(1) No suit, prosecution or other legal proceedings shall lie against the Commission or any member, officer or servants of the Commission, the [Director-General] or any member of the staff of the [Director-General] [ Substituted by Act 30 of 1984, Section 2, for " Director or the Registrar" (w.e.f. 1.8.1984).] in respect of anything which is in good faith done or intended to be done under this Act S.65Inspection of, and extracts from, the register .-(1) The register, other than the special section, shall be open to public inspection during such hours and subject to the payment of such fees, not exceeding rupees twenty five, as may be prescribed S.66Power to make regulations .-(1) The Commission [may, ][by notification] [ Substituted by Act 20 of 1983, Section 2 and Schedule, for " may make regulations" (w.e.f. 15.3.1984).][, make regulations] [Substituted by Act 30 of 1984, Section 2, for " Registrar" (w.e.f. 1.8.1984). ] for the efficient performance of its functions under this Act S.67Power to make rules .-(1) The Central Government may, [by notification], make [rules] [See the Monopolies and Restrictive Trade Practices Rules, 1970; the Monopolies and Restrictive Trade Practices Commission (Conditions of Service of Chairman and Members) Rules, 1970; the Monopolies and Restrictive Trade Practices (Information) Rules, 1971 and the Monopolies and Restrictive Trade Practices (Classification of Goods) Rules, 1971. ] to carry out the purposes of this Act

Law on Tips(LOTS)

The Monopolies and Restrictive Trade Practices Act, 1969