DLF notified Bombay Stock Exchange, that it will move Competition Appellate Tribunal (Compat), against the Competition Commission of India’s (CCI) order accusing DLF for abusing its dominant market position and imposing unfair conditions on home buyers, in its high-end residential project Magnolia in Gurgaon. On August 16. 2011 CCI had slapped a penalty of Rs 630 crore on DLF for its projects in Gurgaon on similar grounds.
Top Section
Explore Business Standard