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DLF pays Rs 100 crore as CCI penalty to Supreme Court

IANS 27 Nov 2014, 13:18:14 PM IST

New Delhi: DLF Thursday deposited Rs.100 crore with the Supreme Court registry - a part of Rs.630 crore penalty imposed on it by the Competition Commission of India for alleged one-sided contracts for flat buyers in Gurgaon.

Senior counsel Harish Salve, while seeking adjournment of the hearing till Friday, told the apex court bench headed by Justice Anil R. Dave that to establish their bonafide, they are depositing Rs.100 crore with the apex court registry.

Salve produced before the court a cheque of Rs.100 crore.

With this, DLF has deposited Rs.150 crore with court registry. Rs.50 crore was deposited by the real estate giant earlier.