https://www.taxtmi.com/caselaws?id=430281 The National Company Law Appellate Tribunal upheld the findings of the Competition Commission of India regarding cartelization and bid rigging in tenders by various parties, confirming the imposition of penalties for anti-competitive conduct. However, the Tribunal remitted the case back to the CCI to reassess the penalty quantum, advocating a more lenient approach considering the appellant's status as a proprietorship firm. This decision highlights the necessity of penalizing anti-competitive behavior to ensure fair competition and prevent future infringements. en-us Mon, 14 Nov 2022 00:00:00 +0530 Wed, 16 Nov 2022 08:58:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430281 The National Company Law Appellate Tribunal upheld the findings of the Competition Commission of India regarding cartelization and bid rigging in tenders by various parties, confirming the imposition of penalties for anti-competitive conduct. However, the Tribunal remitted the case back to the CCI to reassess the penalty quantum, advocating a more lenient approach considering the appellant's status as a proprietorship firm. This decision highlights the necessity of penalizing anti-competitive behavior to ensure fair competition and prevent future infringements. Case-Laws Law of Competition Mon, 14 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430281