Order Against Explosive Manufacturers/Suppliers Imposing a Penalty of About Rs.58.83 Crore

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Order Against Explosive Manufacturers/Suppliers Imposing a Penalty of About Rs.58.83 Crore - News and Press Release Dated:- 18-4-2012 - News - Press Information Bureau Government of India Minist .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ry of Corporate Affairs 18-April-2012 16:48 IST The Competition Commission of India has found certain Explosive Suppliers who supply explosives to Coal India Limited in violation of the provisi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ons of the Competition Act. The Commission has imposed penalty @3% on average of 3 years turnover on ten Explosive Suppliers aggregating to about Rs.58.83 crore. The Commission has also directed t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hese supplies to cease and desist from engaging in practice of manipulating process of bidding in any manner. ****************** RC/JR - News - Press release - PIB Tax Management India - ta .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... xmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X