In a major setback to DLF, the Delhi High Court on Friday gives green signal to Competition Commission of India (CCI) to investigate and pass final orders against the realty major.
The CCI was probing alleged anti-competitive practices of DLF in its "New Town Heights" project in Gurgaon.
DLF had moved Delhi HC seeking stay on CCI investigations into allegations of abuse of dominant position. The company argued the project was commissioned prior to enforcement of Competition Act in 2009.
Delhi HC pulls up DLF and observes that the plea was a delaying tactic to pay fine of Rs 630 crore, slapped by CCI, in Belair Project in Gurgaon.
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