Wednesday 9 July 2014

Adani Gas abused its dominance position as it imposed unfair conditions on buyers for supply of gas,

Competition Law : Where Gas Sales Agreement (GSA) entered into by opposite party (gas company) with its buyers provided for payment of interest by buyer on delayed payment and for termination of contract by opposite party on account of failure to off-take 50 per cent or more of cumulative Daily Contracted Quantity (DCQ) by buyer during a period of 45 consecutive days as against longer period available to opposite party from GAIL, GSA imposed unfair conditions in contravention of section 4 of Com


No comments:

Post a Comment