NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim...

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2026-05-12 05:12:38 -

NCLAT sets aside CCI's Rs 301.6-cr penalty on Grasim Industries, directs fresh hearing

New Delhi: Appellate tribunal NCLAT on Tuesday set aside a Rs 301.6-crore penalty imposed on the Grasim Industries by CCI, directing the fair trade regulator to hear the Aditya Birla Group firm again over its alleged dominance in the viscose staple fibre (VSF) market. The tribunal observed that the CCI did not provide a chance to Grasim Industries to present their arguments, after it differed...

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