Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
The appellant was found guilty of bid rigging and cartelization in a tender process initiated by SBIIMS, contravening Sections 3(3)(c), 3(3)(d), and 3(1) of the Competition Act, 2002. The issue pertained to whether the penalty imposed on the appellant was proportionate to the offense, considering the criteria laid down in Excel Crop Care Ltd. vs CCI. The CCI differentiated the present case from Excel Crop Care, stating that the appellants were engaged in the supply of printed advertising/marketing materials, including signages, which constituted different varieties of the same product rather than multiple products. The CCI imposed a lenient penalty of 1% of the average relevant turnover for three financial years, despite the Act allowing up to 10%. The order was upheld by the Tribunal and the Supreme Court, attaining finality. The appeal was dismissed as lacking merit.
The appellant was found guilty of bid rigging and cartelization in a tender process initiated by SBIIMS, contravening Sections 3(3)(c), 3(3)(d), and 3(1) of the Competition Act, 2002. The issue pertained to whether the penalty imposed on the appellant was proportionate to the offense, considering the criteria laid down in Excel Crop Care Ltd. vs CCI. The CCI differentiated the present case from Excel Crop Care, stating that the appellants were engaged in the supply of printed advertising/marketing materials, including signages, which constituted different varieties of the same product rather than multiple products. The CCI imposed a lenient penalty of 1% of the average relevant turnover for three financial years, despite the Act allowing up to 10%. The order was upheld by the Tribunal and the Supreme Court, attaining finality. The appeal was dismissed as lacking merit.
Note: It is a system-generated summary and is for quick reference only.