Ultratech Cement’s Challenge Against BAI Impleadment in CCI Proceedings Dismissed: Delhi High Court
The Delhi High Court dismissed an appeal filed by Ultratech Cement Ltd against the Competition Commission of India and Builders’ Association of India (BAI) over BAI’s participation in a cement competition inquiry. The dispute concerned whether BAI could be impleaded in the Commission’s suo motu proceedings concerning alleged anti-competitive conduct by grey cement manufacturers. The Court held that BAI had substantial interest in the proceedings because it is an all-India…
