Supreme Court rejected DLF's plea to stay the Competition Appellate Tribunal's order upholding the penalty imposed on the builder by the Competition Commission of India and asked it to deposit the penalty amount of Rs 630 crore within three months.
The apex court also directed DLF to deposit Rs 50 crore within three weeks, refusing to grant a stay on the Compat order. DLF will also have to give an undertaking that it will pay the additional amount based on 9% interest on the penalty if it fail ..
The apex court also directed DLF to deposit Rs 50 crore within three weeks, refusing to grant a stay on the Compat order. DLF will also have to give an undertaking that it will pay the additional amount based on 9% interest on the penalty if it fail ..
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