DLF case
DLF land allotment case has finally ended with fines and penalties imposed by the competition watch dog CCI. The hearing scheduled for Thursday makes DLF to make arrangements for payment of the penalty amount fixed by the apex court. Out of the fixed amount of 630 crore DLF has paid only fifty crore and sought [...] Continue Reading »
The Supreme Court (SC) on Wednesday passed an interim order directing property developer DLF Ltd to pay within three months the Rs. 630 crore penalty imposed by the CCI (Competition Commission of India). This penalty was imposed for abusing its dominant market position. CCI chairperson Ashok Chawla talked about the implications of the ruling for [...] Continue Reading »
