SC asks DLF to deposit Rs 480 crore penalty

The Supreme Court on Friday asked DLF to deposit the balance Rs 480 crore of a total Rs 630 crore penalty imposed on the realty major by the fair trade regulator CCI for allegedly exploiting its dominant position Financial Astrology Trading Tips

An apex court bench, headed by Chief Justice HL Dattu, said DLF could pay the amount in instalments of Rs 75 crore each from January 15 till the penalty is cleared. 

DLF was imposed the penalty of Rs 630 crore by theCompetition Commission of India (CCI) for allegedly exploiting its dominant position to the disadvantage of its customers in three projects in Gurgaon Intraday Trading Tips

The apex court was hearing a petition by the real estate major which has challenged the imposition of Rs630 crore penalty by the CCI on August 12, 2011. 

The CCI decision to impose the penalty was upheld by the Competition Appellate Tribunal in 2013 Personal Numerology Trading Tips