CCI proceedings cannot continue once settlement is reached: Delhi HC

JCB India Limited And Anr Vs Competition Commission of India And Anr (Delhi High Court) Delhi High Court held that once the settlement is reached, the substratum of the proceedings itself no longer exists, thus Competition Commission of India [CCI] proceedings cannot continue and deserves to be disposed of. Facts- These are two writ petitions arises out of disputes between Petitioner No.1-JCB India Limited and Petitioner No.2- JC Bamford Excavators Limited on one hand and Respondent No.2- M/S Bull Machines Private Ltd. (BMPL) on the other. Both the companies are manufacturers of `backhoe loade...