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Maruti’s Compliance Clock Ticks On—NCLAT’s Inaction Keeps Rs 200 Crore Cloud Hanging

Updated: July 15, 2025 17:27

Image Source : Live Law
The National Company Law Appellate Tribunal (NCLAT) failed to consider Maruti Suzuki India Ltd's outstanding appeal against the Competition Commission of India (CCI) on July 15, 2025, as scheduled. The case, in which the auto major is facing a fine of Rs 200 crore for suspected resale price maintenance (RPM) practices, is still pending, leaving the automaker's regulatory scenario in suspense.
 
Key Highlights:
  • The case was going to be heard on July 15, 2025, but was not heard by the tribunal for reasons of time constraints.
  • Maruti Suzuki is challenging the CCI's 2021 order that held the company guilty of imposing a discount control policy on its whole string of dealers, allegedly violating Section 3(4)(e) of the Competition Act.
  • NCLAT had already granted an interim stay on the fine, pending payment of 10% of the total amount by Maruti.
Background and Legal Context
  • Mystery shopping checks and inhouse communications after the CCI order revealed that Maruti penalized dealers who provided unauthorized discounts.
  • Maruti has argued that the abovementioned practices were not companyinitiated and that the relevant market or adverse consumer impact was not determined by CCI.
  • Lag in timing prolongs legal uncertainty, potentially with implications for Maruti's compliance status and investor perception.
Market Response:
While deferral did not lead to immediate stock volatility, market analysts are keeping a close eye on the next hearing date because the ruling can influence Maruti's business plans and reputational standing.
 
Sources: Economic Times LegalWorld, HDFC Sky, Business Standard, NCLAT Order Archives, Livemint

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