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India: Delhi HC restrains CCI from proceeding against Monsanto officials

By  |  September 11, 2016

In a case brought by seed giant Mahyco Monsanto Biotech a Delhi high court judge observed that the director general of the competition regulator could call upon top company officials for collecting information but could not proceed against them in the absence of an order holding the company guilty of unfair trade practices.

Mahyco Monsanto Biotech had contended that the Competition Commission of India could not probe its top officials until the company was found in contravention of competition norms.

“Competition Act, 2002 does not permit the director general to investigate company officials without an order holding the company guilty of unfair trade practices,” said Sandeep Sethi, counsel for Monsanto.

To this, the Centre clarified that in the absence of an adverse order against the company, Monsanto’s officials were being investigated for the sole purpose of gathering information.

Full Content: Live Mint

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