In a recent development, businesses now need to make a deposit of 25% of the imposed fine to file an appeal against CCI fines. This new regulation aims to streamline the process and ensure a fair playing field for all.
Luthra and Luthra Law Offices India’s Partner, G R Bhatia shared his insights with the Financial Express (India) regarding the new provisions introduced under The Competition Amendment Act, 2023 by the Ministry Of Corporate Affairs.