Levy of 5% penalty by CCI u/s. 27 of Competition Act not unreasonable: NCLAT Delhi

Ghaziabad Development Authority Vs Competition Commission of India (NCLAT Delhi) NCLAT Delhi held that imposition of 5% penalty on average turnover/ receipt related to EWS by Competition Commission of India [CCI] under section 27 of the Competition Act, 2002 cannot be termed as unreasonable or excessive. Facts- The present appeal has been filed under Section 53 (b) of the Competition Act, 2002 by Ghaziabad Development Authority (“GDA”) who is the Appellant herein, for challenging the Impugned Order dated 28.02.2018 in Case No. 86/2016 passed by the Competition Commission of India u/s. 27 o...