The realty bellwether DLF which is under the scanner of a number of regulators and will face the scrutiny at the hands of the Apex Court today. The court will hear a petition filed by DLF to challenge the CCI order.
The Competition Appellate Tribunal today adjourned the hearing till February 20 on DLF's appeal against Rs 630-crore penalty imposed by the fair trade regulator CCI for abuse of its dominant position.
Fair trade regulator CCI today sought more time from the Competition Appellate Tribunal (COMPAT) to complete draft modifications in the sale agreement between realty major DLF and flat owners of two of its housing projects at Gurgaon -- DLF Park Palace and The Belaire.
A day after CCI imposed a fine of Rs 630 crore for abusing its dominant position, realty giant DLF today said the company is exploring all options, including challenging the order before Competition Appellate Tribunal.
In an interview on CNBC-TV18, Harsh Sehgal, head of the buyer association at DLF Park Place talks about the DLF order and its ramifications.
The Competition Commission of India (CCI) today said the Centre as well as State Governments should come out with regulatory framework for the realty sector to protect consumers from unfair trade practices.