Search: section 3(3)
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September 2026
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Company LawCCI directs Trustees’ Association of India and three debenture trustees to cease and desist from fixing a benchmark fee; no monetary penalty
CCI: cease and desist, no penaltyBy an order dated 2 September 2026 under section 27 of the Competition Act, 2002, CCI has directed Trustees’ Association of India, IDBI Trusteeship Services Limited, Axis Trustee Services Limited and SBI CAP Trustee Company Limited to cease and desist from conduct found to violate section 3(3)(a) and 3(3)(b) read with section 3(1). No monetary penalty was imposed.
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