The National Company Law Appellate Tribunal (NCLAT) has upheld the Rs873-crore penalty imposed by fair trade regulator CCI on United Breweries and other beer makers.
The National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the fair trade regulator CCI slapping penalties on several beer makers, including United Breweries Ltd that faces a fine of Rs 751.8 crore.
Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of Fixed Deposit Receipt' within three weeks.
NEW DELHI, Dec 25: The National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the fair trade regulator CCI slapping penalties on several beer makers, including United Breweries Ltd that faces a fine of Rs 751.8 crore. Passing an interim order, a two-member NCLAT bench has directed parties, including United Breweries Ltd, to deposit 10 per cent of the penalty amount by way of ‘Fixed Deposit Receipt’ within three weeks. The Competition Commission of […]