https://www.taxtmi.com/caselaws?id=219383 Section 12B of the Monopolies and Restrictive Trade Practices Act creates an independent compensatory remedy for loss or damage caused by monopolistic, restrictive or unfair trade practice. Its maintainability does not depend on prior proceedings under Sections 10 or 36B, because the inquiry power under Section 12B(3) is separate and the statute contains no express link making compensation relief conditional on earlier action. The compensation applications were therefore maintainable, while the respondents remained free to contest on merits whether any monopolistic, restrictive or unfair trade practice was established before the Tribunal. en-us Tue, 11 Dec 2012 00:00:00 +0530 Wed, 12 Dec 2012 16:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219383 Section 12B of the Monopolies and Restrictive Trade Practices Act creates an independent compensatory remedy for loss or damage caused by monopolistic, restrictive or unfair trade practice. Its maintainability does not depend on prior proceedings under Sections 10 or 36B, because the inquiry power under Section 12B(3) is separate and the statute contains no express link making compensation relief conditional on earlier action. The compensation applications were therefore maintainable, while the respondents remained free to contest on merits whether any monopolistic, restrictive or unfair trade practice was established before the Tribunal. Case-Laws Law of Competition Tue, 11 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219383