HC grants stay to Makemytrip on Penalty imposed by CCI

Makemytrip India Pvt Ltd MMT & Anr Vs Competition Commission of India & Ors (Delhi High Court) Delhi High Court directed appellant to pay 10% of the penalty amount imposed by the Competition Commission of India, the recovery of the remaining 90% of the penalty amount would remain stayed. Facts- Aggrieved by the impugned order dated 19th October, 2022, the Petitioner No.1 – Make My Trip (India) Pvt. Ltd. challenged the same before the NCLAT, Principal Bench, Delhi. Vide the impugned order dated 6th December, 2022, the NCLAT has admitted the said appeal, however, directed a deposit...