https://www.taxtmi.com/caselaws?id=770866 SC/NCLAT remanded a CCI penalty case back to the competition regulator for reconsideration. The tribunal found the maximum 10% penalty order procedurally defective, lacking detailed reasoning and failing to provide the appellants an opportunity to be heard. The court ordered release of deposited fixed deposit receipts and directed CCI to reassess the penalty quantum after giving full hearing to the parties, emphasizing the need for judicious exercise of discretionary powers. en-us Tue, 15 Apr 2025 00:00:00 +0530 Fri, 16 May 2025 14:52:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770866 SC/NCLAT remanded a CCI penalty case back to the competition regulator for reconsideration. The tribunal found the maximum 10% penalty order procedurally defective, lacking detailed reasoning and failing to provide the appellants an opportunity to be heard. The court ordered release of deposited fixed deposit receipts and directed CCI to reassess the penalty quantum after giving full hearing to the parties, emphasizing the need for judicious exercise of discretionary powers. Case-Laws Law of Competition Tue, 15 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770866