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Competition Act : Officers / Directors can only be liable if CCI were to come to conclusion that they were key persons who were In-charge and responsible for conduct of business of Company.
• Section 27 o stipulates that CCI on a finding that there is a contravention of Section 3 or Section 4, can pass orders against an 'enterprise' and a 'person' i.e individual, who has been proceeded against, imposing penalty.
• If Company and Officers / Directors are being proceeded against for violation of Sections 3 and 4, there has to be a consequence for violation. Turnover, in context of Officers / Directors has to be interpreted as income of Officers / Directors from Company and CCI is justified in imposing penalty on income of Officers/Directors of Company.