https://www.taxtmi.com/caselaws?id=459847 The Competition Appellate Tribunal allowed the appeal and set aside the Commission's order. The Tribunal found that the informant deliberately suppressed vital facts and documents from the Commission, though no penalty was imposed. The Commission's findings regarding anti-competitive practices under Section 3 were deemed self-contradictory and perverse, as coercion by one party negated the element of agreement required for violation. The Tribunal held that Section 48(1) could not be invoked against individual appellants without first establishing company contravention and without providing them adequate opportunity to defend. The penalty imposed on all appellants was quashed due to lack of evidence supporting anti-competitive conduct allegations. en-us Tue, 10 May 2016 00:00:00 +0530 Tue, 31 Dec 2024 23:47:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459847 The Competition Appellate Tribunal allowed the appeal and set aside the Commission's order. The Tribunal found that the informant deliberately suppressed vital facts and documents from the Commission, though no penalty was imposed. The Commission's findings regarding anti-competitive practices under Section 3 were deemed self-contradictory and perverse, as coercion by one party negated the element of agreement required for violation. The Tribunal held that Section 48(1) could not be invoked against individual appellants without first establishing company contravention and without providing them adequate opportunity to defend. The penalty imposed on all appellants was quashed due to lack of evidence supporting anti-competitive conduct allegations. Case-Laws Law of Competition Tue, 10 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459847