M/S. B. Himmatlal Agrawal Partner vs Competent Commission Of India

The Supreme Court addressed the legality of the National Company Law Appellate Tribunal's dismissal of an appeal due to the appellant's failure to deposit 10% of the penalty imposed under Section 26 of the Competition Act, 2002. The Court held that the Appellate Tribunal acted within its jurisdiction in enforcing compliance with its stay order, emphasizing the importance of adhering to procedural requirements in appeals. Consequently, the dismissal of the appeal was upheld, affirming the Tribunal's authority to impose conditions for granting interim relief.