DLF may appeal against CCI order in tribunal on Monday

Realty major DLF is likely to file an appeal on Monday with the Competition Appellate Tribunal (Compat) against an order from fair-trade watchdog the Competition Commission of India (CCI), which has asked the realty giant to pay a fine of Rs 630 crore for abuse of its dominant market position.

The company has begun the process of submitting its appeal and the petition is likely to be filed with Compat on Monday, the sources said.

Soon after the CCI directive in August, DLF had said it would challenge the same and that it has a strong case against the points raised in the order.

The case pertains to CCI having imposed Rs 630 crore fine on DLF on August 16 for abusing its dominant market position and imposing unfair conditions on the buyers of its flats.

Later in the same month, CCI passed another order in a separate case wherein it asked DLF to 'cease and desist' from misuse of dominant position, but did not impose any penalty in this matter.

The orders followed enquiries by CCI on complaints filed by flat-buyer associations of two of the DLF projects in Gurgaon.

Last week, the associations filed a caveat in the Compat, requesting it not to decide on case against DLF without giving them a chance of hearing.