Jaiprakash Associates (JAL) is going to challenge the Competition Commission of India’s (CCI) order that imposed nearly Rs 14 crore fine on the company for abusing dominant market position. The penalty was slapped by the CCI for imposing unfair and discriminatory conditions on home buyers.
The company is in the process of filing an appeal against the order.
Jaiprakash Associates is an India-based diversified infrastructure conglomerate.