Social News XYZ     

SC to hear Amazon plea against HC direction to CCI on show cause notice

SC to hear Amazon plea against HC direction to CCI on show cause notice

New Delhi, Nov 25 (SocialNews.XYZ) The Supreme Court on Thursday agreed to hear a plea by Amazon against Delhi High Court's order directing Competition Commission of India to take a decision with respect to show cause notice issued by it to Amazon.

Counsel for Amazon mentioned the matter for urgent listing before a bench headed by Chief Justice N.V. Ramana.

 

The bench, also comprising Justices A.S. Bopanna and Hima Kohli, told the counsel that 'it cannot give a date for hearing either today (November 25) or tomorrow (November 26)'. However, the counsel insisted that there is an urgency in the matter. He submitted that they told the CCI on Wednesday about the matter, but the CCI said they were constrained by the Delhi High Court order, which gave two weeks till November 29.

The counsel requested the bench that the matter was showing on Monday in the top court for hearing, and it should not be deleted.

The bench told the counsel, "You can't get relief from here. You go to the high court and seek review of the order. Why don't you go before the high court..." The counsel submitted, 'let it come on Monday'. After a brief hearing, the bench agreed to take up the matter on Monday.

In June, the CCI had accused Amazon of concealing facts and making false submissions when it sought approval for the $200 million investment into a Future unit in 2019. Both companies -- Amazon and Future Retail -- have locked horns in a legal battle.

On November 16, the Delhi High Court directed CCI to rule on revoking its approval to the Amazon-Future Coupons deal within two weeks, the Confederation of All India Traders (CAIT) said in a statement.

CAIT had filed a plea against CCI saying that the competition regulator had issued a show cause notice to Amazon in June, but no decision has been taken so far.

According to CAIT, the CCI counsel informed the high court that it is contemplating to call Amazon on January 4, for a hearing after which the matter will be decided.

CAIT through its representation to CCI had demanded annulment of its approval that was granted to Amazon on the basis of their misrepresentation about actual transaction.

Source: IANS

Facebook Comments
SC to hear Amazon plea against HC direction to CCI on show cause notice

About Gopi

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.

He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.

When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

PHP Code Snippets Powered By : XYZScripts.com
%d bloggers like this: