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SC stays over Rs 800 crore penalty imposed on beer companies for cartelisation

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). ....

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United Breweries MD Rishi Pardal resigns; SC stays CCI penalty on cartelization

He resigned on February 16, 2023 and his six months notice period has begun. ....

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SC stays over Rs 800 crore penalty imposed on beer companies for cartelisation

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), . ....

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NCLAT Upholds Rs873 Crore Penalty Imposed by CCI on United Breweries, Carlsberg India, Other Breweries and AIBA

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. ....

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NCLAT stays CCI order imposing Rs 873 cr penalty on UBL, 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. ....

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