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VERIFIEDET Stocks·neutral
CCI moves SC against NCLAT order quashing penalty on Grasim
AI Summary
- ·The CCI has appealed to the Supreme Court against an NCLAT order that quashed a ₹300-crore penalty on Grasim Industries.
- ·The penalty was imposed for alleged monopolistic behavior in the viscose staple fibre market.
- ·The CCI seeks to restore its original decision against Grasim.