Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2024 (1) TMI 1384

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion Act, 2002 1. The present Information has been filed by Mr. Jarnail Singh ('Informant') under Section 19(l)(a) of the Competition Act, 2002 (hereinafter, 'Act') alleging contravention of provisions of Section 4 of the Act by Madhav KRG Ltd ('OP-1') and Punjab Pollution Control Board ('OP-2') (collectively referred to as the 'Opposite Parties'/'OPs'). 2. The Informant is a resident of Sec 5B, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... allowed to purchase the same from the induction furnaces. The Informant further states that OP-2 imposes penalties if pollution dust is traded in open market. 5. According to the Informant, OP-1 is one such entity which is allowed by OP-2 to purchase pollution dust and is allegedly a dominant player. The induction furnaces have to sell pollution dust to it at a very low price and thereby, unduly .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... r the Commission's directions to the relevant authorities to remove pollution dust from the category of hazardous waste, so that the prices can be determined by market forces rather than certain business entities. It has also prayed for fixation of lower limit at which the commodity can be traded and criminal action be taken, along with imposition of penalties, against OP-1 for violating the law. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... hase pollution dust. Further, the bills/invoices provided alongwith the Information indicate that the procurement price of pollution dust has increased from Rs. 8 per kg to Rs. 25 per kg. Accordingly, the Commission notes that in the facts and circumstances of the present case, more players coming into the market and increase in procurement prices are indicative of greater competition. 12. The Co .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates