News
DLF moves SC against order by COMPAT
Real estate firm DLF has moved Supreme Court against an order of Competition Appellate Tribunal (COMPAT) that held the company guilty of abuse of its dominant position in New Gurugram with regards to its project New Town Heights.
According to a published media report, home buyers in the project had filed a complaint with the Competition Commission of India saying that DLF had lured them into buying homes under a pre-launch scheme and that the layout plan was not approved.
“The company has filed an appeal in the SC against an order passed by COMPAT in November 2015 relating to New Town Heights where it held DLF as a dominant player in the New Gurugram market, a DLF spokesperson was quoted in media.
Admitting DLF’s plea, the SC issued notices to the respondents and said that it will be clubbed with other cases relating to its projects.
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