2026 Supreme(Online)(NCLAT) 698
NATIONAL COMPANY LAW APPELLATE TRIBUNAL PRINCIPAL BENCH NEW DELHI
Meru Travel Solutions Pvt Ltd – Appellant
Versus
Competition Commission of India – Respondent
IA NO.3311/2026 | COMPETITION APPEAL (AT) No.64/2018
For the Appellants/Petitioners: Udayan Jain, Abir Ray, Kajal Sharma, Vivek Pandey, Ranjan Mishra, Sasthibrata Panda, Harsh J, Biyanka Bhaba
For the Respondents: Nisha Kaur Uberoi, Sarthak Pande, Akrathi Shetty, Rohan Bhargava, Sriharsh Peechera, Shruti Aggarwala, Samar Bansal, Rohan Arora, Aman Singh Sethi, Shivek Endlaw, Saachi Keile
An appellant may be permitted to unconditionally withdraw an appeal if they demonstrate that continued litigation is no longer viable due to operational or financial hardships and the respondents do not object.
Headnote:The matter pertains to an application for the withdrawal of an appeal filed under the Competition Act, 2002, specifically challenging an order passed under S. 26(2) of the Act. The appellant sought to withdraw the proceedings citing severe operational and revenue impacts that rendered the continuation of litigation non-viable. The primary issue was whether the appellant could be permitted to withdraw the appeal unconditionally. The court observed that the appellant was unable to continue the litigation and noted that the respondents had no objection to the withdrawal request. Accordingly, the appeal is dismissed as withdrawn.
| Table of Content |
|---|
| 1. permission to withdraw an appeal based on financial hardship and lack of respondent objection. (Para 1 , 2 , 3 , 4) |
ORDER
HYBRID MODE
This application is moved in Competition Appeal (AT) No.64/2018
It is the submission of the learned counsel for the appellant the present appeal is arising out of an impugned order dated 20.06.2018 whereby the information filed by the appellant on 02.06.2017 was disposed of by way of an order passed under Section 26(2) of the Competition Act, 2002. This Tribunal admitted the appeal on 22.07.2019. It is submitted the appellant since a long time has been struggling with severe impact on its operations and revenues which has impacted its ability to continue with the litigation and hence it is not viable for the appellant to continue with the same any longer and as such the Management of the appellant has decided to withdraw the appeal. Hence this application.
2. Learned counsel for the Respondents are present and they have no objection if the application is allowed.
3. In view of the above, the application is allowed and the appellant is permitted to withdraw the present appeal unconditionally.
4. Accordingly, the appeal is dismissed as withdrawn.