Ramco's SC appeal could reopen 78 COMPAT cases

Ramco's move could prove to be last nail in coffin for reputation of the antitrust appellate body

A recent appeal in the Supreme Court by Ramco Cements against the functioning of the Competition Appellate Tribunal (COMPAT) without a judicial member has stirred the pot over the sustainability of Indian tribunals, yet again. The timing of the cement manufacturer’s approach coincides with the ongoing debate over the efficacy of the central government’s decision to disband the COMPAT and merge its functions with that of the National Company Law Appellate Tribunal (NCLAT). If entertained by the apex court, Ramco’s move could prove to be the last nail in the coffin for the reputation of the soon-to-be wound up antitrust