Daily
250 words
6/10
Rating

1 August 2026

Supreme Court on Grasim Industries CCI fine

This Supreme Court judgment clarifies the procedural requirements and due process obligations of the Competition Commission of India, a key statutory regulatory body, in exercising its quasi-judicial powers.

1 min read 1 questions 1 prelims

Notes

  • The Supreme Court dismissed the appeal by the Competition Commission of India (CCI) against an NCLAT order.
  • The NCLAT had set aside a ₹301.6 crore penalty imposed by the CCI on Grasim Industries in March 2020.
  • The CCI had originally penalized Grasim Industries for alleged abuse of dominant position in the supply of viscose staple fibre (VSF).
  • The NCLAT set aside the penalty on procedural grounds, noting that the CCI failed to provide Grasim Industries an opportunity to present arguments after the Commission differed from the findings of the Director General (DG).
  • The Supreme Court directed the CCI to rehear the matter concerning Grasim Industries.

Questions

  1. Discuss the significance of the principles of natural justice in the functioning of quasi-judicial bodies like the Competition Commission of India (CCI) in light of recent judicial interventions. 150 words
    Attempt this — 150 words in 8 min
    0 / 150 words 8:00

Prelims

  1. Which of the following bodies acts as the appellate authority against the orders passed by the Competition Commission of India (CCI)?

Syllabus

Topics

Sources

250words.in · https://250words.in/daily/2026-08-01/supreme-court-on-grasim-industries-cci-fine