New Delhi : The Competition Commission of India (CCI) directed realty major DLF to “cease and desist” from indulging in anti-competitive practices with regard to flats sold in its Belaire project.
In 2011, CCI had imposed a penalty on DLF in another case related to the same project and the order was later challenged by the company before the competition appellate tribunal. CCI in Tuesday’s order said it was not imposing fresh penalty as fine of Rs 630 crore was already slapped on DLF.
Case No 19 of 2010 refers to the complaint by Belaire Owners’ Association against DLF.
As per the complaint by one Dinesh Trehan, DLF cancelled the allotment forfeiting an amount of Rs 87 lakhs deposited by the informant with the opposite party. The informant alleged abuse of dominant position by DLF and also challenged various clauses in the Apartment Buyer’s Agreement saying they were anti-competitive. Observing that the matter raised by the informant are similar with the issues involved in The Belaire case, the Commission said this aspect has not been denied or disputed by any of the parties.