SC Sets Aside NCLAT Order On Flipkart, Sends Dominance Case Back for Fresh Review

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SUMMARY

Supreme Court has reportedly set aside NCLAT probe against Flipkart sending the matter back to the appellate tribunal for a fresh review

The SC bench ruled that the NCLAT must independently decide whether there is enough basis to order an investigation

The case dates back to a 2018 complaint filed by the All India Online Vendors Association (AIOVA), accusing Flipkart of abusing its position by favouring large sellers and enabling deep discounting that hurt smaller vendors

Six years after the National Company Law…



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SC Sets Aside NCLAT Order On Flipkart, Sends Dominance Case Back for Fresh Review


SUMMARY

Supreme Court has reportedly set aside NCLAT probe against Flipkart sending the matter back to the appellate tribunal for a fresh review

The SC bench ruled that the NCLAT must independently decide whether there is enough basis to order an investigation

The case dates back to a 2018 complaint filed by the All India Online Vendors Association (AIOVA), accusing Flipkart of abusing its position by favouring large sellers and enabling deep discounting that hurt smaller vendors

Six years after the National Company Law…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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