New Delhi, Sept. 15 -- In a blow to Asian Paints, the Bombay High Court has dismissed its petition challenging the Competition Commission of India's (CCI) order directing a probe into alleged anti-competitive practices.
The court ruled that the petition lacked "merit".
"We are of the opinion that the petition is devoid of merits and as such, ought to be dismissed," said a bench led by Justices Revati Mohite Dere and Neela Kedar Gokhale in an order uploaded on Monday.
The court noted that no procedural infirmity had been shown and that the matter rightly fell within the regulator's jurisdiction to investigate.
The legal tussle began after Birla Opus-the decorative paints arm of the Aditya Birla Group-filed a complaint with the antitrus...
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