COMPETITION COMMISSION OF INDIA vs GEEP INDUSTRIES & ORS.

Judgment text excerpt

$~ * IN THE HIGH COURT OF DELHI AT NEW DELHI % Judgment reserved on: 09.09.2025 Judgment delivered on: 01.11.2025 + LPA 727/2024 and CM APPL. 43486/2024 COMPETITION COMMISSION OF INDIA .....Appellant Through: Mr. N. Venkataraman, ASG, Mr. Shivshankar, Mr. Ankur Singh, Mr. Kaustav Som and Ms. Pritha Banerjee, Advs. versus GEEP INDUSTRIES & ORS. .....Respondents Through: Mr. Ravisekhar Nair, Mr. Parthsarathi Jha and Ms. Aayushi Sharma, Advs. for R-1 to 4. CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL HON'BLE MR. JUSTICE HARISH VAIDYANATHAN SHANKAR JUDGMENT HARISH VAIDYANATHAN SHANKAR, J. 1. The present Appeal has been preferred under Clause 10 of the Letters Patent assailing the Judgment dated 26.04.20241, whereby the learned Single Judge of this Court allowed W.P.(C) No. 10332/2023 titled Geep Industries (India) Pvt. Ltd. & Ors. v. Competition Commission of India and set aside the Order dated 1 Impugned Judgement Signature Not Verified Digitally Signed By:HARVINDER KAUR LPA 727/2024 Page 1 of 35 BHATIA Signing Date:04.11.2025 12:09:57 18.07.2023 passed by the Competition Commission of India2, insofar as it confirmed the demand of interest on the penalty amounts imposed upon the Respondents. 2. By the said Order dated 18.07.2023, the CCI, inter alia, upheld the demand of interest on the penalty amounts with retrospective effect, i.e., from 10.12.2018 till the date of payment, as conveyed through demand notices dated 09.05.2023 issued to the Respondents under the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations, 20113. The underlying penalties had earlier been imposed under Section 27 of the Competition Act, 20024, vide the CCI‘s Order dated 30.08.2018. BRIEF FACTS: 3. Proceedings under the Competition Act were initiated against Respondent