NCLAT refuses to overturn 6,300 crore penalty imposed by CCI on cement cartel

NCLAT refuses to overturn 6,300 crore penalty imposed by CCI on cement cartel

The National Company Law Appellate Tribunal (NCLAT) today upheld the decision by which the Competition Commission of India (CCI) imposed a cumulative penalty of Rs. 6,300 crore on eleven companies forming part of the cement cartel.

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