CCI says All izz Well with Pre payment Penalty

Bar & Bench February 14 2011

Senior Associate Zerick Dastur along with Abir Roy of J. Sagar Associates analyse the final order of the Director General, the investigating authority under the Competition Act and discuss the prepayment charge on home loans.

After nearly eighteen months from the date of notification of the substantive provisions of the Competition Act (Act) pertaining to anti competitive agreements and abuse of dominance by business enterprises, the Competition Commission has issued a comprehensive final order, after a thorough investigation by the Director General, the investigating authority under the Act. The order deals with issues involving the alleged anti-competitive agreements entered . . .

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