{
  "id": 300128,
  "title": "SC upholds NCLAT order setting aside CCI's ₹301.6-crore penalty on Grasim Industries",
  "url": "https://urgent.news/2026/08/08/sc-upholds-nclat-order-setting-aside-ccis-301-6-crore-penalty-on",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-08T08:32:51.000Z",
  "source": {
    "name": "The Hindu",
    "slug": "the-hindu",
    "url": "https://www.thehindu.com/news/national/sc-upholds-nclat-order-setting-aside-ccis-3016-crore-penalty-on-grasim-industries/article71290301.ece"
  },
  "original_language": "en",
  "account": "On July 31, 2026, the Supreme Court upheld an order from the National Company Law Appellate Tribunal (NCLAT) which set aside a ₹301.6 crore penalty imposed by the Competition Commission of India (CCI) on Grasim Industries. The NCLAT directed the CCI to reconsider the case and provide an opportunity to Grasim Industries for a fair hearing, as the CCI had differed from the findings of the Director General (DG) in its investigation. The CCI had imposed the penalty in March 2020 for alleged abuse of dominance in the viscose staple fibre (VSF) market. The NCLAT noted that the CCI had failed to provide Grasim with a chance to present its arguments after they disagreed with the DG’s findings, and therefore, did not give the company its due opportunity to defend itself.",
  "summary": "The tribunal had observed that the CCI did not provide a chance to Grasim Industries to present its arguments after it differed from the findings of the Director General (DG), the regulator’s probe unit",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}