Monday, July 30, 2018

Upholding ‘Cartelization’ and resulting penalty of INR 6,700 cr to 11 cement companies: NCLAT dismisses Cement Companies’ appeal [Read Order]

The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) in the case of Ambuja Cements Ltd & Ors. v. Competition Commission of India & Ors vide its judgment dated July 25, 2018 dismissed the appeals filed by the cement manufacturing entities filed to set aside the penalty imposed by the CCI […]

The post Upholding ‘Cartelization’ and resulting penalty of INR 6,700 cr to 11 cement companies: NCLAT dismisses Cement Companies’ appeal [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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