Violation of Competition Act by Cement Companies.

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..... Violation of Competition Act by Cement Companies.
News and Press Release
Dated:- 13-8-2012

Press Information Bureau Government of India Ministry of Corporate Affairs 13-August-2012 18 .....

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..... :38 IST Violation of Competition Act by Cement Companies A large number of cement manufacturers have been found violating the provisions of the Competition Act, 2002.The Competition Commission of In .....

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..... dia (CCI) in two cases has found 11 cement manufacturers in contravention of Competition Act. The Commission in its first order dated 20.06.2012 has imposed a penalty of Rs.6307.32 crores on 11 cemen .....

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..... t manufacturers. In its second order dated 30.07.2012, the Commission has imposed a penalty of Rs. 397.51 crores on Shree Cement Ltd. This was stated in the Rajya Sabha by Shri R.P.N. Singh, Minister .....

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..... of State in the Ministry of Corporate Affairs in reply to a USQ question today. The directions of the Commission are to be complied within 90 days of receipt of the order(s). ***** RC/JR
News - .....

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..... Press release - PIB .....

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