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Corporate Law

Penalty duly imposable as role of accused in providing inputs for arriving at rigged pricing proved

Case Law Details

Case Name
Hith Impex Pvt. Ltd. Vs CCI &amp
Date of Judgement/Order
Only available for paid members
Related Assessment Year
23/05/2023
Courts
NCLAT
Advertisement Hith Impex Pvt. Ltd. Vs CCI & Ors. (NCLAT Delhi) NCLAT Delhi held that role of company as well as the appellant in providing inputs for arriving at rigged pricing is somehow or the other proved. Accordingly, imposition of penalty by the Commission cannot be faulted. Facts- This appeal is directed against the order passed by the Competition Commission of India in the matter of Suo Motu Case No. 02 of 2020 in Re: Alleged anti-competitive conduct by various bidders in supply and installation of signages at specified locations of State Bank of India across India. In brief, the...
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