ValkyaEditorial

Tagged “section-27”

2 articles on section-27.

Landmark JudgmentNational Company Law Appellate Tribunal

Keshav Bihani v. CCI: NCLAT upholds the Railways polyacetal-tubes cartel penalty and clarifies Section 48 individual liability

NCLAT Principal Bench dismisses appeals against CCI's bid-rigging finding on the polyacetal protective-tubes suppliers to Indian Railways; reads 'punished accordingly' in Section 48(1) of the Competition Act 2002 (pre-2023 Amendment) to mean the individual penalty must match the enterprise penalty in scale, applied to the active partner's income.

Valkya Editorial··10 min
Landmark JudgmentCompetition Commission of India

CCI v. Purbanchal Enterprise: bid rigging in Assam Police Housing tenders, cease-and-desist without penalty

On 7 April 2026 the Competition Commission held seventeen electrical contractors liable under s.3(3)(d) for cover bidding and bid rotation in APHCL tenders, but issued only a cease-and-desist direction under s.27(a) — calibrating contravention-finding against penalty-quantum where the contraveners are small enterprises with geographically circumscribed conduct.

Valkya Editorial··8 min