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NCLAT REDUCES PENALTY
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...- Parliamentary panel moots advance ruling mechanism in IBC framework to tackle litigationsThe panel, in its report, has also recommended setting up a transparent, online mechanism for issuing 'no dues' certificates and statutory ...
- Google moves SC against NCLAT order on Play Store billing practicesGoogle and its related companies have challenged the March 28 judgment by the National Company Law Appellate Tribunal (NCLAT) which largely...
- NCLAT reduces Google’s ₹936 crore penalty to ₹217 crore over competition law violationThe National Company Law Appellate Tribunal (NCLAT) reduced the penalty imposed on Google by the Competition Commission of India from ₹936 ...
- NCLAT reduces penalty on Google to Rs 216 crore in Play Store matterAs Google has already "deposited 10% of the penalty in the present Appeal, rest of the amount of penalty shall be deposited by the Appellan...
- Tata Neu’s muted first year, PhonePe-ZestMoney deal called off & the week’s top tech storiesHi Digbijay here in Bengaluru. Last month, I was in Mumbai and visited the offices of the newest ecommerce challenger in India –Tata Digita...
- NCLAT concludes hearing, reserves judgment over Google's plea against CCIOn October 20 last year, the Competition Commission of India (CCI) slapped a penalty of Rs 1,337.76 crore on Google for anti-competitive pr...
- Google's 'castle and moat' strategy is data hegemony: CCI tells NCLATThe NCLAT started its hearing in the Android matter on February 15, following a direction of the Supreme Court. The apex court had directed...
- Google 'blatantly disobeying' CCI orders, charging app developers 11-26%: ADIFGoogle recently changed its billing requirement for app developers wherein it has mentioned that if a user pays through an alternate billin...
- Pricewaterhouse flagged discrepancies in GoMechanic’s FY20 audit; PhonePe raises $350 million with more to comeA senior executive at one of the ‘Big Four’ audit firms said qualifications are always a negative for a company and it means the company be...
- Google suffers setback in Supreme Court; PhonePe raises $350M with more to comeEarlier today, the Supreme Court turned down a request from Google to block an order by the Competition Commission of India that would forc...
- Google moves Supreme Court against NCLAT order refusing to stay CCI fineThe Competition Commission of India (CCI) in October fined the Alphabet Inc unit $161 million for exploiting its dominant position in the m...
- Firms divided on UPI market share cap; tax officials and CAs caution moonlightersMarket leaders PhonePe and Google Pay are seeking an extension while Paytm wants the rules to take effect “as per the timeline”. Officials ...
- United Breweries preparing to file plea against CCI penaltyIn September, India's competition watchdog found top beer companies UBL, Carlsberg India and Anheuser Busch InBev India to have indulged in...
- Real estate players in Uttar Pradesh lobby for new policy to resolve insolvencies quickerResolutions of multiple projects are on hold as the authorities want to be financial creditors instead of operational creditors so that the...
- Companies Act reforms amid Covid-19: A primerThe Bill introduces a regime of direct listing of securities of domestic public corporations in certain foreign jurisdictions, thereby allo...
- NCLAT upholds CCI order on Adani Gas for abuse of dominant positionCompetition Commission of India (CCI) had on July 3, 2014 imposed a penalty of Rs 25.67 crore on AGL after finding its Gas Supply Agreement...
- Can CCI be more agile like its EU and US counterparts in disposing of cases?The recommendations made by the Competition Law Review Committee could make the CCI more effective.
- Anil Ambani thanks elder brother Mukesh Ambani for paying Ericsson duesAnil Ambani faced a jail term of three months if the money due to Ericsson hadn't been paid by March 19.
- Parliament passes bill to amend Insolvency and Bankruptcy CodeThe legislation seeks to replace the June 6 ordinance that sought to put these amendments into force to aid quick resolution of several ban...
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