NCLAT to hear Maruti Suzuki’s appeal against CCI order on THIS date
Maruti Suzuki share price today: Shares of automaker Maruti Suzuki were in focus on Wednesday, April 30, after the company said that the National Company Law Appellate Tribunal (NCLAT) has notified the next date of hearing in a matter involving the Competition Commission of India (CCI) as May 14, 2025.
“This is in furtherance to our letter dated 15th April 2025, regarding the CCI matter. We would like to inform you that National Company Law Appellate Tribunal (NCLAT) has notified the next date of hearing and the case is listed on 14th May 2025,” Maruti Suzuki said in an exchange filing on Wednesday.
What is the CCI order against Maruti Suzuki?
Back in 2021, CCI had imposed a penalty of ₹200 crore on Maruti Suzuki for restricting discounts by dealers.
This case was taken up by CCI based on an anonymous e-mail dated November 17, 2017. The e-mail alleged that the ‘Discount Control Policy’ implemented by Maruti Suzuki restricts dealers from giving discounts to their customers beyond the discounts prescribed by the company, and dealers providing extra discounts were punished by levying a penalty and/or the restriction of supply.