SC grants two weeks more to Amazon to put its case before CCI

| | New Delhi
  • 0

SC grants two weeks more to Amazon to put its case before CCI

Tuesday, 30 November 2021 | PTI | New Delhi

The Supreme Court on Monday granted two weeks more to e-commerce giant Amazon to appear and argue before the Competition Commission of India (CCI) which had declined adjournment of hearing in a case related to revocation of approval given to the US company for investment transaction with Future Coupons Pvt Ltd (FCPL).

 A bench comprising Chief Justice N V Ramana and justices Surya Kant and Hima Kohli, at the outset, said that it would not go into the merits of the case and would rather like to give some more time,

over and above the time granted by the Delhi High Court, to the US firm to put forth its case before the CCI.

 “We are not going into the details. We will grant two more weeks’ time. You use the time and appear and argue before the(CCI). You raise all your objections,” the Bench said and disposed of the appeal of Amazon against the Delhi High Court verdict.

 As senior advocate Mukul Rohatgi, appearing for a Future group firm, attempted to justify the refusal to postpone the hearing in the CCI at the request of Amazon, the bench said, “What was the tearing hurry which led the CCI to conclude the proceedings. Please do not invite us to make a statement on the merits of the case.”The bench then disposed of the appeal of the US firm against the order passed by the Delhi High Court.

 On November 24, the CCI declined to grant the US-based company extra time and postponement of the matter as they had sought. Before this, the Delhi High Court had directed the CCI to decide this matter within two weeks.

Sunday Edition

Grand celebration of cinema

17 November 2024 | Abhi Singhal | Agenda

Savouring Kerala’s Rich Flavours

17 November 2024 | Abhi Singhal | Agenda

The Vibrant Flavours OF K0REA

17 November 2024 | Team Agenda | Agenda

A Meal Worth Revisiting

17 November 2024 | Pawan Soni | Agenda

A Spiritual Getaway

17 November 2024 | Santanu Ganguly | Agenda

Exploring Daman A Coastal Escape with Cultural Riches

17 November 2024 | Neeta Lal | Agenda