Delhi HC Stays Anti Profiteering Investigation And Penalty Against Phillips India Limited [Read Order]

first_imgNews UpdatesDelhi HC Stays Anti Profiteering Investigation And Penalty Against Phillips India Limited [Read Order] Karan Tripathi25 Jun 2020 10:01 PMShare This – xDelhi High Court has stayed the anti profiteering investigation initiated against Phillips India Limited by the Director General of Anti Profiteering. The Division Bench of Justice Manmohan and Justice Sanjeev Narula has, however, directed the Petitioner company to deposit Rs.4,53,949/- with Central and State Consumer Welfare Boards within three months. The court…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginDelhi High Court has stayed the anti profiteering investigation initiated against Phillips India Limited by the Director General of Anti Profiteering. The Division Bench of Justice Manmohan and Justice Sanjeev Narula has, however, directed the Petitioner company to deposit Rs.4,53,949/- with Central and State Consumer Welfare Boards within three months. The court has noted: ‘The interest amount as well as penalty and further investigation with regard to other impacted products as well as the letter dated 11th June, 2020 issued by the Director General of Anti Profiteering are stayed till further orders.’ The order has come in a writ petition moved by Phillips India Limited against the order dated 19/05/20 passed by the National Anti-Profiteering Authority under the Central Goods and Services Tax Act, 2017 whereby it has been held that the Petitioner had contravened the provisions of Section 171 of CGST Act and thereby had profiteered on the sale of its “food processor” product. The said Authority has further directed the Petitioner to reduce the price of its “food processor” and deposit the profiteered amount of Rs.4,53,949 within a period of three months from the date of receipt of the order, along with interest calculated at the rate of 18% from the date of collection of the amount from the recipients till the date of deposit. In addition to this, the Petitioner has also sought for a writ of prohibition to prevent the Authority from initiating similar investigations against offer products of the Petitioner company and also to set aside the order dated June 11. In light of these submissions, and while providing interim relief to the Petitioner, the court also issued notices to all the Respondents. The court will next take up the matter on September 07. The Petitioner in this case represented by Mr. Shashank Shekhar, with Mr. Sudipta Bhattacharjee, Mr. Siddharth Rajkonwar.Click Here To Download Order[Read Order] Next Storylast_img read more

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Chelsea complete Eto’o swoop

first_img The former Barcelona striker did not travel to Prague for Friday night’s European Super Cup clash with Bayern Munich – neither did Willian, whose move from Anzhi was confirmed on Wednesday – but is eager to get into the action. “I am very happy to be here but also anxious because I want to get playing as soon as possible,” Eto’o said on chelseafc.com. “It wasn’t a hard decision. I saw the qualities Chelsea have, and I was very happy with Jose Mourinho before, so when the opportunity came, I was very happy to take it. “I have had a career where I have been lucky enough to win a lot of trophies in different countries, but one of my last dreams as a professional is to come and play in England and see if I can have the same success as in my previous clubs. “I don’t see it as a final challenge, but to have a good time, enjoy my football, and have success with this team.” Eto’o, who will have to wait until after the international break to make his debut, with Everton away on September 14 the first opportunity, revealed he might have been a Chelsea player sooner. But he opted to stay at Barcelona before moving to Inter as part of the deal which saw Zlatan Ibrahimovic move in the opposite direction. “I’ve had a couple of opportunities to come to England before, including the first time Jose was here, but it didn’t work out for one reason or another,” Eto’o added. Samuel Eto’o hopes to replicate his prior successes after signing for Chelsea in a transfer which appears to mark the end of Jose Mourinho’s pursuit of Manchester United striker Wayne Rooney. The Cameroon striker has left Russian club Anzhi Makhachkala to sign a one-year deal and be reunited with Mourinho, who was his boss at Inter Milan. Eto’o is apparently ‘plan B’ after United rejected two Chelsea bids for Rooney, with Mourinho opting against lodging a third, having said he had back-up options. The move might never have happened if Mourinho had received the indication from Rooney that he wanted to join Chelsea. Speaking prior to confirmation of Eto’o’s arrival, Mourinho appeared to have conceded defeat in the bid to capture England striker Rooney, who played for United against Chelsea on Monday and afterwards praised the “fantastic” reception he received at Old Trafford. Mourinho said: “I told you what I have to say. I think I (made it) very, very clear that we didn’t start the process (a third bid). We have nothing more to say. He’s a Man United player and no more than that.” Capturing Eto’o, who commanded wages reported to be in the region of £300,000 a week in Russia, is at odds with Chelsea’s recent transfer policy of signing younger players. It also leaves a question mark over the futures of Demba Ba and Fernando Torres as Mourinho has made it clear four strikers is too many and that Romelu Lukaku is key for Chelsea’s future. Ba’s place in the squad seems most at risk, but Torres has still to repay the £50million fee paid to Liverpool, as Mourinho admitted earlier this week. Eto’o became Chelsea’s fifth signing of the summer transfer window, following Andre Schurrle, Marco van Ginkel, Mark Schwarzer and Willian, who can be expected to provide the ammunition for the striker to score. “I think Willian he is one of the best players in modern football,” Eto’o said. The 32-year-old Eto’o began his career with Real Madrid before, following a spell with Real Mallorca, surging to prominence with Barcelona, scoring 152 goals in 232 appearances for the Catalan club. He has a controversial history with Chelsea. Following a bad-tempered Champions League encounter at Stamford Bridge, the striker criticised Mourinho, referee Pierluigi Collina and made a claim in the Spanish media that he was called a monkey by a Chelsea security guard. The allegations were swiftly denied by Chelsea. It can be assumed Eto’o’s relationship with Mourinho did not suffer as at Inter the pair combined to devastating effect and together won the 2010 Champions League title in a treble-winning campaign. Eto’o, who also played at Stamford Bridge with Inter, added: “They were always games between two big clubs. They didn’t always finish well, but the most important thing is they were spectacular games every time.” The striker netted 53 goals in 102 appearances for Inter before joining Anzhi in August 2011. Press Associationlast_img read more

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