Don't take coercive action against Trustees Association of India: Bombay High Court to CCI

The Court also granted similar relief to three trustee firms - IDBI, Axis and SBICap - who along with the association challenged an order by the CCI directing investigation against the firms.

Competition Commission of India, Securities Exchange Board of India

The Bombay High Court on Monday directed the Competition Commission of India (CCI) not to take coercive action against the Trustees Association of India along with three trustee firms - IDBI, Axis and SBICap - in furtherance of an order initiating investigation against them [Trustees Association of India v. Competition Commission of India & Ors.].

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Bombay High Court

Competition Commission of India

Securities and Exchange Board of India

Debenture Trustees