Case No. 25 of 2012. Case: M/s Vindato Investment Pvt. Ltd. and Shri Ashok Vijhay Jain Vs M/s Vaidehi-Akash Housing Private Limited. Competition Commision of India

Case NumberCase No. 25 of 2012
JudgesAshok Chawla, Chairperson, H.C. Gupta, Member (G), R. Prasad, Member (R), P.N. Parashar, Member, (P), Geeta Gouri, Member (GG), Anurag Goel, Member (AG), M.L. Tayal, Member (T) and Shiv Narayan Dhingra, Member (D)
IssueCompanies Act, 1956 - Sections 19(1)(a), 26(2)
Judgement DateFriday June 29, 2012
CourtCompetition Commision of India

Order:

  1. The present information has been filed under section 19(1)(a) of the Competition Act, 2002 ('the Act') by M/s Vindato Investment Pvt. Ltd. ('the informant No. 1') and Shri Ashok Vijhay Jain ('the informant No. 2'] against M/s Vaidehi-Akash Housing Private Limited ('the opposite party'). At the outset, it would be appropriate to note the prayers made by the informants whereby the following directions have been sought against the opposite party:

    (a) to pay compensation to the informant No. 1 for conspiracy, economic offences, fraud, cheating, unfair trade practices and intentional misrepresentation with interest.

    (b) to pay compensation to the informant No. 1 for conspiracy, economic offences, fraud, cheating, unfair trade practices and intentional misrepresentation with interest.

    (c) To conduct investigation against the opposite party for acts of conspiracy, economic offences, fraud, cheating, unfair trade practices and intentional misrepresentations etc.

    ...

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