Cement News tagged under: COMPAT
India: Binani Compat appeal dismissed18 January 2017, Published under Cement NewsIndia’s Competition Appelate Tribunal (Compat) has dismissed the appeal of Binani Cement seeking waiver of the direction to deposit with it 10 per cent of the total penalty amount which was imposed by Competition Commission in a cartelisation case. "Binani Cement has failed to substantiate its claim for review of our order dated November 28, 2016," Compat said. “[Binani Cement has] neither presented any fresh compelling or significant circumstances to justify review of our order nor point... |
India: Compat hears petitions in cement cartilisation case07 December 2012, Published under Cement NewsThe Competition Appellate Tribunal (COMPAT) has started hearings on the plea of 11 cement companies seeking stay on INR6307 crore (US$1160.4m) penalty imposed by fair trade regulator CCI on the grounds of cartelisation. It was COMPAT’s first hearing after the cement firms filed their amended petitions after CCI served them separate copies of its order providing them with complete details on production, pricing, dispatches and sales etc. After hearing day long arguments, a three member COMP... |
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