SC upholds NCLAT order setting aside CCI's ₹301.6-crore penalty on Grasim Industries

The Supreme Court of India has upheld an NCLAT order setting aside a ₹301.6 crore penalty imposed on Grasim Industries by the Competition Commission of India. The court ruled that the CCI failed to provide the company with a fair opportunity to respond to findings that differed from the Director General's initial report.