2017-TIOLCORP-NEWS-048 | Thursday, March 09, 2017

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TIOL TUBE VIDEO
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Praveen Kumar Gupta, Managing Director (Compliance & Risk), SBI | Rubaru with TIOL Tube
 
 
 
COMPANIES LAW
 
2017-TIOLCORP-19-HC-DEL-CA

Segece India Pvt Ltd

Whether the petition seeking voluntary winding up company can be allowed when all the requirements of the Companies Act, 1956 have been complied with - YES: HC

- Petition allowed: DELHI HIGH COURT

 
COMPETITION LAWS
 
2017-TIOLCORP-10-CCI

Saurabh Tripathy And Great Eastern Energy Corporation Ltd

Whether penalty imposed on gas purchaser for failing to meet the minimum guaranteed off-take liability under the contract is abusive in nature, when production is based on the contracted quantity agreed with its customers on a long term basis - NO: CCI

Whether there is any discriminatory practice adopted by the gas supplier when it has entered into customized contract with different customers based on specific negotiation and deliberation - NO:CCI

Whether a contract is one-sided when its clauses cannot be amended by the dominant gas supplier without the concurrence of the buyer - NO: CCI

Whether the termination clause of a contract is abusive, when the contract contemplates three defined exit routes which have been duly negotiated before execution of the contract - NO: CCI

Whether mere charging differential prices by a dominant gas supplier is anti-competitive when pricing is a pure commercial decision and is based on several factors like different types of customers, quantity procured, transportation costs, etc - NO: CCI

Whether lack of uniformity in price itself can be a ground to hold discrimination unless the same is demonstrably shown to be a result of abuse treating similar set of customers differently - NO: CCI

- Order u/s 26(6) of the Act: COMPETITION COMMISSION OF INDIA

 

 

 

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