NCLAT Upholds Penalty Imposed By CCI On Adani Gas
Shruti Sareen
9 March 2020 5:02 PM IST
The National Company Law Appellate Tribunal dismissed an appeal filed by Adani Gas Limited (AGL) challenging an order of the Competition Commission of India (CCI) where it had imposed a penalty of around 26 crores or 4% of the average annual turnover of the relevant three years. The court further upheld that AGL had abused its dominant market position by imposing unfair conditions...
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