Archive · 31 Jul 2026
Supreme Court Upholds NCLAT Order, Sets Aside Rs 301.6 Crore Fine on Grasim
The Supreme Court of India decided that a lower court was right to cancel a big fine that the Competition Commission had put on a company called Grasim.
The fine was for how Grasim sold a special kind of fiber used in clothes.
Grasim said the Commission didn’t give it a chance to explain itself.
The court said the Commission must let Grasim speak before making a final decision.
Now the Commission has to hold a new hearing and listen to Grasim’s side.
This shows that companies must be treated fairly in legal cases.
Supreme Court upheld NCLAT order that set aside a Rs 301.6 crore fine on Grasim Industries for alleged abuse of dominance in the viscose staple fibre market.
NCLAT found that the Competition Commission of India failed to give Grasim notice and an opportunity to respond when it disagreed with the Director General’s findings.
CCI had accused Grasim of discriminatory pricing and extra conditions on buyers, directing it to adopt a transparent discount policy and stop seeking consumption details.
The Supreme Court dismissed CCI’s appeal, directing the regulator to hold a fresh hearing and consider the DG’s report before issuing a final decision.
The case highlights the need for natural justice procedures in competition law enforcement and the role of appellate tribunals in reviewing CCI orders.
- Who
- Grasim Industries Ltd and the Supreme Court of India
- What
- Supreme Court upheld NCLAT order setting aside a Rs 301.6 crore fine imposed by the Competition Commission of India
- When
- Friday, 2024
- Where
- India
- Why
- Because the CCI failed to give Grasim notice and an opportunity to respond when it disagreed with the Director General’s findings
- Fine amount
- Rs 301.6 crore
- Court decision
- Supreme Court upheld NCLAT order
- Regulator
- Competition Commission of India
- Appellate Tribunal
- National Company Law Appellate Tribunal
- Industry
- Viscose staple fibre market
