Scm Solifert Ltd. vs Competition Commission Of India

The Supreme Court upheld the penalty imposed under Section 43A of the Competition Act, 2002 for failure to notify a proposed combination as required under Section 6(2). The Court affirmed the findings of the Competition Commission of India and the Competition Appellate Tribunal, stating that the appellants did not qualify for exemption under the Competition Regulations. The Court held that the appellants violated the notification requirement, leading to the imposition of a penalty of Rupees Two crores.