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IN THE HIGH COURT OF DELHI AT NEW DELHI
MR. ANIL KSHETARPAL, MR. HARISH VAIDYANATHAN SHANKAR, JJ
UNITED INDIA INSURANCE COMPANY LIMITED – Appellant
Versus
COMPETITION COMMISSION OF INDIA – Respondent
| Table of Content |
|---|
| 1. overview of appeal and initial findings. (Para 1 , 2 , 3 , 4 , 5 , 6) |
| 2. arguments regarding penalty and interest. (Para 19 , 20 , 21 , 22 , 23 , 24) |
| 3. doctrine of merger and its implications. (Para 28 , 46 , 52 , 57) |
| 4. court's analysis of applicable regulations. (Para 29 , 30 , 31 , 32 , 39) |
| 5. final decision on the appeal. (Para 62 , 63 , 64 , 65) |
HARISH VAIDYANATHAN SHANKAR, J.
1. The present Appeal has been preferred under Clause 10 of the Letters Patent, assailing the Judgment dated 11.09.20191 passed by the learned Single Judge of this Court in W.P.(C) No. 1100/2019 titled United India Insurance Company Limited v. Competition Commission of India.
2. By the Impugned Judgment, the learned Single Judge dismissed the writ petition filed by the Appellant and upheld the Order dated 06.12.2018 along with the Demand Notices dated 01.10.2015, 17.01.2017, and 14.12.2018, issued by the Competition Commission of India2, thereby affirming the CCI’s demand for interest on the monetary penalty imposed under Regulation 5 of the Competition Commission of India (Manner of Recovery of Monetary Penalty) Regulations , 20113. The said penalty had originally been impose
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