The Madras High Court on Tuesday refused to stay the investigation by the Competition Commission of India (CCI) into the alleged anti-competitive practices of Hyundai Motor India.
Originally, the company, along with another automobile manufacturer, had filed a writ petition challenging an order of the CCI permitting its Director-General to expand the scope of his investigation. It questioned the power of the Director-General of the CCI to initiate investigation suo motu.
While dismissing the plea, the single Judge had said the Director-General did not suo motu initiate any probe. He merely placed before the Commission information already available in a complaint lodged by an individual.
Full Content: Business Standard
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