https://www.taxtmi.com/caselaws?id=285128 The Commission determined that Hyundai Motor India Limited (HMIL) violated Section 3(4)(e) read with Section 3(1) of the Act through Resale Price Maintenance and Section 3(4)(a) read with Section 3(1) by mandating the use of specific lubricants. Consequently, HMIL was ordered to cease these practices and was penalized Rs. 87 crore, calculated at 0.3% of its average relevant turnover over the past three financial years. The penalty was required to be paid within 60 days of the order. en-us Wed, 14 Jun 2017 00:00:00 +0530 Sat, 28 Dec 2019 09:54:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285128 The Commission determined that Hyundai Motor India Limited (HMIL) violated Section 3(4)(e) read with Section 3(1) of the Act through Resale Price Maintenance and Section 3(4)(a) read with Section 3(1) by mandating the use of specific lubricants. Consequently, HMIL was ordered to cease these practices and was penalized Rs. 87 crore, calculated at 0.3% of its average relevant turnover over the past three financial years. The penalty was required to be paid within 60 days of the order. Case-Laws Law of Competition Wed, 14 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285128