The Supreme Court on Friday stayed the order of the National Company Law Appellate Tribunal (NCLAT), which upheld the penalty of Rs 751.83 crore and recovery proceeding imposed on Heineken s Indian subsidiary i.e., United Breweries Ltd (UBL), by the Competition Commission of India (CCI).
The Supreme Court on Friday stayed the order of the National Company Law Appellate Tribunal (NCLAT), which upheld the penalty of Rs 751.83 crore and recovery proceeding imposed on Heineken's Indian subsidiary i.e., United Breweries Ltd (UBL), .
The National Company Law Appellate Tribunal (NCLAT) has upheld the Rs873-crore penalty imposed by fair trade regulator CCI on United Breweries and other beer makers.
The National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the fair trade regulator CCI slapping penalties on several beer makers, including United Breweries Ltd that faces a fine of Rs 751.8 crore.