Tag Archives: NCLAT

PTI New Delhi, January 11 The Supreme Court on Wednesday agreed to hear a plea of US tech giant Google against an order of the National Company Law Appellate Tribunal (NCLAT) refusing an interim stay on the competition regulator imposing a Rs 1,337 crore penalty on it. A bench comprising Chief Justice DY Chandrachud and Justice PS Narasimha took note of the submissions of senior advocate AM Singhvi, appearing for the… Source link

The National Company Law Appellate Tribunal on Wednesday directed Google to pay 10 per cent of the Rs 1,337.76-crore penalty imposed on the tech giant by fair trade regulator CCI. Photograph: Dado Ruvic/Reuters A two-member bench, however, declined to grant any immediate stay the operations of Competition Commission of India (CCI) penalty and said it would pass any order after hearing out other parties. The appellate tribunal has issued notices to CCI and directed to list the matter on… Source link