DLF Ltd deposits Rs. 525 cr of CCI Penalty with Supreme Court..!

DLF Ltd on recently said it had deposited Rs . 525 crore with Supreme Court against the Rs . 630 crore fine slapped on it by the fair trade regulator, Competition Commission of India (CCI). In an analyst presentation, the company said it would deposit the remaining amount by J…

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CCI Rules Out Abuse of Market Position by Ansal Township

The Competition Commission of India (CCI) has rejected allegations of abuse of dominant market position by Ansal Township and Land Development with regard to the realty company's commercial project in Jalandhar, Punjab. Fair trade regulator CCI held that no prima facie c…

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Competition Commission imposes Rs. 2.40 crore Penalty on DLF Ltd..

The Competition Commission of India (CCI) has slapped Rs. 2.4 crore penalty on real Estate  major DLF Ltd for not complying with its directions to cease and desist from unfair trade practices. Besides, the fair trade watchdog CCI has said that continued non-compliance would …

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DLF Ltd under CCI Scanner, Again

Real estate company DLF Ltd is once again under Competition Commission of India’s (CCI) scanner. The regulator CCI has ordered a probe against DLF Ltd  for abusing its dominant position and imposing unfair conditions on buyers on a complaint by one Ashutosh Bhardwaj, who had…

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DLF Ltd - CCI Case: Flat Allotments Not be Cancelled Till Disposal..!

Further hearing to April 22, 2013 onwards. Flat buyers in a housing project of DLF LTD, which is engaged in a long-running case against fair trade regulator CCI (Competition Commission of India), have got interim relief as the firm has agreed before a tribunal on not cancell…

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COMPAT Adjourns CCI - DLF Case Hearing to February 20, 2013

The Competition Appellate Tribunal ( COMPAT) recently adjourned the hearing till February 20, 2013 on DLF Ltd's appeal against Rs. 630 crore fine imposed by the fair trade regulator CCI (Competition Commission of India) for abuse of its dominant position. A 3 member COMPA…

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Competition Commission of India: Rejects Plea for Sanctions Against DLF’s New project

Competition Commission of India (CCI) has dismissed an appeal seeking anti-dominance sanctions against a new project of real estate major DLF Ltd, saying it will not entertain any such plea merely on the basis of penalties imposed on the company’s Belaire housing project. An…

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