2018 (1) TMI 1754

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....LAL BHAT MEMBER (JUDICIAL) For the Appellant: Mr. K.K Sharma, Mr. Bunmeet Singh, Ms. Anubha Dhulia, Mr. S.P. Roy and Mr. Sanchit, Advocates. For the Respondent : None ORDER The Appellant- Ms. Usha Roy ('Informant') filed present information under Section 19(1)(a) of the Competition Act, 2002 against ANS Developers Pvt. Ltd. (hereinafter referred to as "OP-1") and Shalimar Corp. Ltd. (h....

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....ormation alleging contravention of the provisions of Section 4 of the Competition Act, 2002. However, in view of the pleadings made in the petition as noticed by the Commission and as on the record we are of the view that the second information alleging contravention of the provisions of Section 4 of the Competition Act, 2002 against the common opposite parties on the same state of facts is not ma....

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....egard, the Informant alleged that as per agreement though the Informant is liable to pay interest @ 18% p.a. in case of delay in payment of instalment, there is no such liability faced upon OP-1 to pay any interest in case of delay on its part. It was contended that the buyer does not have any bargaining power or countervailing buying power to negotiate the terms of the Agreement. 4. It was als....

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.... claimed that OPs hold a minimum of 62.86% and upto almost 83% market share, depending upon the time of grant of licenses. The Informant has also submitted data of integrated townships in Lucknow, as follows: S. No. Name of the Project Builder Area Hospital facility Status 1 Shalimar OneWorld Shalimar Group 220 acres Yes Ongoing 2 Omaxe City Omaxe 14....