NCLAT stays CCI penalty on computer chip maker Intel
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has stayed the ₹27.38 crore penalty imposed by the Competition Commission of India (CCI) on Intel Corporation over its India-specific warranty policy for boxed microprocessors.
A two-member bench stayed the penalty last week until the next hearing. Intel Corporation has challenged the CCI’s February order imposing a penalty for engaging in anti-competitive practices related to its India-specific warranty policy for its boxed microprocessors.
