P&H HC: Eyewitness Account Not Credible if Eyewitness Directly Identifies Accused in Court  ||  Delhi HC: Conditions u/s 45 PMLA Have to Give Way to Article 21 When Accused Incarcerated for Long  ||  Delhi High Court: Delhi Police to Add Grounds of Arrest in Arrest Memo  ||  Kerala High Court: Giving Seniority on the Basis of Rules is a Policy Decision  ||  Del. HC: Where Arbitrator has Taken Plausible View, Court Cannot Interfere u/s 34 of A&C Act  ||  Ker. HC: No Question of Estoppel Against Party Where Error is Committed by Court Itself  ||  Supreme Court: Revenue Entries are Admissible as Evidence of Possession  ||  SC: Mere Breakup of Relationship Between Consenting Couple Can’t Result in Criminal Proceedings  ||  SC: Bar u/s 195 CrPC Not Attracted Where Proceedings Initiated Pursuant to Judicial Order  ||  NTF Gives Comprehensive Suggestions on Enhancing Better Working Conditions of Medical Professions    

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