Major setback for Google as NCLAT refuses interim stay on CCI order

Tribunal asks Google to deposit 10% of Rs 1,330 cr penalty levied by CCI; next hearing on April 3

In a big setback for Google, the national company law appellate tribunal (NCLAT) on Wednesday refused to grant an interim stay on the order of Competition Commission of India (CCI) directing the tech giant to change its business model in India.

While admitting Google’s appeal, NCLAT has asked Google to deposit 10 per cent of the penalty amount of Rs 1,330 crore levied by the CCI, thereby granting some relief on the monetary front. The next hearing on the matter is scheduled for April 3.

NCLAT said during the hearing that Google had approached the tribunal on the last day