COMPETITION COMMISSION'S PERSPECTIVE ON LIFTING THE CORPORATE VEIL WHEN DETERMINING BIDS FROM SISTER CONCERNS

Published On: 01/10/2017

Practice Area: Competition Law

Authors:

In a recent order dated October 5, 2017 (the 'Order'), the Competition Commission of India (the 'CCI') found Grasim Industries Limited ('GIL'), Aditya Birla Chemicals (India) Limited ('ABCIL') and Gujarat Alkalies and Chemicals Limited ('GACL') in contravention of Section 3(1) read with Section 3(3)(d) of the Competition Act, 2002 (the 'Act') for rigging Delhi Jal Board ('DJB') tenders, which were floated for the public procurement of Poly Aluminium Chloride ('PAC') used in the purification of water.