Wednesday, June 30, 2010

Indian court overrules MRTPC order against British Airways

New Delhi: Providing some relief to British Airways, the Indian Supreme Court last week set aside a fair trade regulator's order directing the aviation giant to pay a compensation of US$110,000 (around Rs 51 lakh) in a 13-year-old case of alleged delay in consignment delivery.
A vacation bench comprising Justice RM Lodha and Justice AK Patnaik set aside the order passed by the regulator, Monopolies and Restrictive Trade Practices Commission (MRTPC), and directed the National Consumer Disputes Redressal Commission (NCDRC) to freshly decide the case.
The bench said that the regulator was wrong in declaring a delay in delivery of consignment as an "unfair trade practice" under the MRTP Act.
"... we set aside the impugned order passed by the MRTPC ... transfer it to NCDRC for further hearing and take a decision," the court said, directing apex consumer forum NCDRC to decide the case afresh by going through all the details and evidence produced by British Airways and one Absolute Aromatic, which had booked the consignment.
The apex court's direction related to a petition filed by British Airways, challenging an order passed by the MRTPC stating that US$110,000 should be paid as compensation to the exporter, along with Rs 10 lakh (US$21,552) as the cost for alleged late delivery of goods, by the airliner.
29/06/10 Trading Markets.com
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