Tue. Sep 22nd, 2020

Allegations of unfair trade practices against New Okhla Industrial Development Authority,Yamuna Expressway Industrial Development Authority and Greater Noida Industrial Development Authority, dismissed

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Competition Commission of India (CCI): CCI
has rejected allegations of unfair trade practices against New Okhla Industrial
Development Authority (NOIDA), Yamuna Expressway Industrial Development
Authority and Greater Noida Industrial Development Authority with respect to
allotment of land. The allegations in the information filed before CCI
pertained to allotment of land on leasehold basis, illegal and discriminatory
terms and conditions, illegal transfer charges, stamp duty, etc. It was alleged in the information that New
Okhla Industrial Development Authority, Yamuna Expressway Industrial
Development Authority and Greater Noida Industrial Development Authority were
abusing their dominant market positions by imposing unfair and discriminatory
terms and conditions on its buyers by allotting land on leasehold basis. It was
also alleged that even after paying huge amount of money starting with the
purchase of land to its development/ construction and making payment to various
authorities for location charges, transfer charges, stamp duty, registration
charges etc., the buyers were illegally given the status of a lessee.
After hearing both the parties and perusing the material on record, CIC
observed that no prima facie case of contravention of the provisions of the Competition
Act, 2002 was made out against the opposite parties. “The Informant has not
provided any new evidence/ material etc. in the present case except
placing reliance and drawing parallels with the order passed by the Commission
in DLF case. The allegations raised
by the Informant do not involve any competition issue and the Informant may
approach the appropriate authority for the same,” CIC observed and closed the
matter. [Sanjay
Goel v. Greater Noida Industrial Development Authority, (2015) CCI 8, decided on May 22, 2015]
Source: Legal news India

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