<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (12) TMI 1062 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
    <link>https://www.taxtmi.com/caselaws?id=431945</link>
    <description>The tribunal dismissed several appeals for non-prosecution due to the non-appearance of appellants. It found evidence of cartelization and bid-rigging in tenders by Pune Municipal Corporation, leading to penalties imposed by the Competition Commission of India (CCI). However, the tribunal remanded the case back to the CCI for a reconsideration of penalties, emphasizing the need for detailed reasoning and allowing appellants to present their case. Leniency applications were considered, with penalty reductions granted, but the tribunal required further clarification on these reductions. Additionally, an inquiry was ordered into the potential criminal conspiracy involving Pune Municipal Corporation officials, with instructions for an investigation if any cognizable offense is identified.</description>
    <language>en-us</language>
    <pubDate>Fri, 23 Dec 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 24 Dec 2022 11:07:57 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=699680" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (12) TMI 1062 - NATIONAL COMPANY LAW APPELLATE TRIBUNAL , PRINCIPAL BENCH , NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=431945</link>
      <description>The tribunal dismissed several appeals for non-prosecution due to the non-appearance of appellants. It found evidence of cartelization and bid-rigging in tenders by Pune Municipal Corporation, leading to penalties imposed by the Competition Commission of India (CCI). However, the tribunal remanded the case back to the CCI for a reconsideration of penalties, emphasizing the need for detailed reasoning and allowing appellants to present their case. Leniency applications were considered, with penalty reductions granted, but the tribunal required further clarification on these reductions. Additionally, an inquiry was ordered into the potential criminal conspiracy involving Pune Municipal Corporation officials, with instructions for an investigation if any cognizable offense is identified.</description>
      <category>Case-Laws</category>
      <law>Law of Competition</law>
      <pubDate>Fri, 23 Dec 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=431945</guid>
    </item>
  </channel>
</rss>