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NCLAT stays CCI order imposing ₹873 cr fine on UBL, other beer makers
short by Hiral Goyal / on Saturday, 25 December, 2021
The National Company Law Appellate Tribunal (NCLAT) has imposed a stay on the orders passed by the CCI imposing penalties on several beer makers, including United Breweries Limited (UBL). In September, the CCI had imposed penalties totalling over ₹873 crore on UBL, Carlsberg India, All India Brewers' Association and others for cartelisation in the sale and supply of beer.