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Nestle gets interim relief on NAA’s outstanding fine


Nestle India (Pic by Google).jpg
22 Feb 2020
Categories: Latest News

The Delhi HC has given interim relief to Nestle India by ordering a stay on the payment of outstanding penalty that the National Anti-Profiteering Authority (NAA) had directed the local arm of the Swiss fast-moving consumer goods firm to pay.

In its order dated Feb 10, the court said the company had already paid Rs 16.58 crore of the total demand of Rs 89.73 crore & clamped a stay on the recovery of the balance amount

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