C.M.NAYAR, R.L.SUDHIR
DIRECTOR GENERAL (INVESTIGATION AND REGISTRATION) – Appellant
Versus
DAEWOO MOTORS INDIA LIMITED – Respondent
Mr. Justice C.M. Nayar, Chairman—This inquiry was initiated by the Director General of Investigation and Registration under Sections 10(a)(iii) and 36B(c) of the MRTP Act, 1969 pursuant to the order passed by this Commission on 9th January, 1998. The main issue which arose for consideration was with regard to the gift and financing schemes launched by respondent No. 1 which may be referred to in paragraph 12 of the D.G. (I&R)’s amended application as below :
“That on overall perusal and examination of the information/documents received from the respondents during the course of investigation reveals—
(a) That the respondent No. 1, who is, inter alia, engaged in the business of manufacturing and marketing passenger vehicles under the brand name Cielo has launched a special finance scheme on 21.2.1997 which was closed on 30.4.1997. During the impugned scheme the respondent No. 1 has made arrangements with respondent Nos. 2 to 7 by issuing an identical circular dated 28.2.1997 wherein the respondent No. 1 has agreed to widely publish through Press and media the impugned scheme by indicating the edge of Cielo over the competitors model by mentioning a lower rate of interest of 15%.
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