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DLF moves SC against CCI order slapping Rs 630 crore penalty
The Supreme Court today issued a notice to Competition Commission of India(CCI) on a plea of DLF challenging its order imposing a fine of Rs 630 crore for allegedly resorting to unfair business practices and restrain it from taking coercive action against the firm till August 7.
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New Delhi: The Supreme Court today issued a notice to Competition Commission of India(CCI) on a plea of DLF challenging its order imposing a fine of Rs 630 crore for allegedly resorting to unfair business practices and restrain it from taking coercive action against the firm till August 7.
A bench of justices Ranjana Prakash Desai and N V Ramana also sought responses from Haryana government, Haryana Urban Development Authority (HUDA) and the resident's association on whose plea the competition watchdog had imposed the penalty on the company.
It posted the case for further hearing on August 7. The bench passed the order on an appeal filed by DLF challenging Competition Appellate Tribunal's order passed on May 19 upholding the penalty of Rs 630 crore imposed by the CCI.
In August 2011, the Commission had found DLF violating fair trade norms and imposed a fine of Rs 630 crore on it following a complaint by a Belaire Owners' Association in Gurgaon.
It was in May 2010 that the buyer's association had complained against DLF.
A bench of justices Ranjana Prakash Desai and N V Ramana also sought responses from Haryana government, Haryana Urban Development Authority (HUDA) and the resident's association on whose plea the competition watchdog had imposed the penalty on the company.
It posted the case for further hearing on August 7. The bench passed the order on an appeal filed by DLF challenging Competition Appellate Tribunal's order passed on May 19 upholding the penalty of Rs 630 crore imposed by the CCI.
In August 2011, the Commission had found DLF violating fair trade norms and imposed a fine of Rs 630 crore on it following a complaint by a Belaire Owners' Association in Gurgaon.
It was in May 2010 that the buyer's association had complained against DLF.
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