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Corporate Law

Penalty for bid rigging upheld as cartelisation in tender established

Case Law Details

Case Name
Klassy Enterprises Vs Competition Commission of India (NCLAT Delhi)
Date of Judgement/Order
Only available for paid members
Courts
NCLAT
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Klassy Enterprises Vs Competition Commission of India (NCLAT Delhi) NCLAT Delhi held that cartelisation and bid rigging/ collusive bidding in tender is clearly established in public welfare tender by common IP address and identical bidding.  Accordingly, penalty for being engaged in bid rigging and cartelisation duly imposed. Facts- The present appeal has been filed by Klassy Enterprises (Earlier Klassy Computers) (the Appellant), u/s. 53B of the Competition Act, 2002, challenging the order of the Competition Commission of India dated 17.03.2021 passed by the Respondent Commission under Sect...
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