Today, on 3rd February, Six years after NCLAT ordered a probe against Flipkart, the Supreme Court set aside that ruling and remanded the matter to the appellate tribunal for fresh consideration.The Bench directed an independent review, excluding annulled income tax observations records.
The Supreme Court of India will reassess the Competition Commission of India (CCI) plea regarding the rejection of AGI Greenpac’s resolution plan for Hindustan National Glass and Industries Limited (HNGIL). Notices have been issued to stakeholders, with both AGI Greenpac and CCI seeking a fresh hearing due to concerns over competition and implementation issues.
