Thursday, October 17, 2013

CCI Begins Recovery Proceedings Against Aamir Khan

The Competition Commission of India (CCI) recently decided to initiate recovery proceedings against Bollywood actor Aamir Khan and 8 other entities who have failed to pay penalties imposed on them






The Competition Commission of India (CCI) recently decided to initiate recovery proceedings against Bollywood actor Aamir Khan and 8 other entities who have failed to pay penalties imposed on them.

The CCI keeps a check on any unfair trade practices at the market place. While publishing a list of these defaulters, the CCI said these penalties which amount to Rs. 2.17 crores in total, have not been paid despite there being no appeal filed or appeal having been dismissed.

Among the defaulters Aamir Khan stands to pay Rs. 1 lakh which was imposed as part of an order passed against 27 film producers on May 25, 2011 in a case related to anti-competition practices by filmmakers. CCI added that they would take appropriate action against the other entities.  


Ref:boxofficecapsule


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