Supreme Court: Permanent Alimony Should not Penalize the Husband  ||  SC Reserves Judgement on Plea by Transwoman Whose Appointment was Cancelled on Gender Identity  ||  Lok Sabha Introduces the Merchant Shipping Bill, 2024  ||  NCLAT: If Liquidation Cost Not Paid as Per Regulations, Security Interest Shall Stand Relinquished  ||  SC Refers to Larger Bench Conflicting Interpretation Surrounding Sections 14(1) & 14(2) of HSA  ||  Supreme Court: There Has Been a Growing Tendency to Misuse Section 498A of IPC by Wife  ||  Inordinate Delay in Execution of Death Sentence has a Dehumanising Effect on Accused  ||  PC Granted to Woman Army Officer Who Was Denied Benefits Given to Similarly Situated Others  ||  If Bodily Injury Caused with Lethal Weapon, Lack of Intention to Cause Murder Irrelevant  ||  Must AddSection 304(II) of IPC In Accidents Involving Drunk Drivers    

Tata Engineering and Locomotive Company Ltd. v. The Director (Research) on behalf of Deepak Khanna and Ors. - (Supreme Court) (07 Sep 2015)

Tata Motors’ high booking amount for Tata Indica not an unfair trade practice

MANU/SC/0979/2015

MRTP/ Competition Laws

The Court set aside an order of the Monopolies and Restrictive Trade Practices Commission finding Tata Motors guilty for charging too high a deposit price for its popular vehicle, the Tata Indica, and not paying interest on booking amounts paid by buyers. It accepted Tata’s submissions that a high deposit price was set to deter speculative buyers as, in 1999, Tata was newly entering the market for private vehicles and had based production on real demand for the car. The Court reiterated that the definition of unfair trade practice was not inclusive or flexible, but specific and limited, and the Commission had enlarged the scope of its investigation in violation of the rules of fairness.

Relevant : Rajasthan Housing Board v. Parvati Devi (Smt.) MANU/SC/0340/2000 Lakhanpal National Ltd. v. M.R.T.P. Commission and Anr. MANU/SC/0351/1989

Tags : VEHICLE   BOOKING AMOUNT   UNFAIR TRADE   PRACTICE  

Share :        

Disclaimer | Copyright 2024 - All Rights Reserved