Shri Umar Javeed, Shri Aaqib Javeed And Jammu and Kashmir Bank
Case brief
What is this about?
The Competition Commission of India disposed of an application alleging that Jammu and Kashmir Bank violated Sections 3 and 4 of the Competition Act, 2002 through anti-competitive agreements and tie-in arrangements. The Commission found no evidence of violation and closed the information under Section 26(2).
What did the court decide?
Information ordered to be closed forthwith under Section 26(2) of the Competition Act, 2002.
What the court decided
COMPETITION COMMISSION OF INDIA
Case No. 33 of 2024
In Re: Shri Umar Javeed F 12/3, Second Floor, Malviya Nagar, New Delhi-110017
Informant No. 1
Shri Aaqib Javeed F 12/3, Second Floor, Malviya Nagar, New Delhi-110017
Informant No. 2
And
Jammu and Kashmir Bank (Through its MD/Directors/CEO) M A Road, Srinagar, Jammu &Kashmir- 190001.
Opposite Party
CORAM
Ms. Ravneet Kaur Chairperson
Mr. Anil Agrawal Member
Issues for consideration
3 issues framed by the court
Whether the applicant has made out a prima facie case for violation of Sections 3 and 4 of the Competition Act, 2002 by the respondent bank.
Whether agreements between banks and government entities or vehicle dealers constitute anti-competitive practices.
Whether tie-in arrangements for locker facilities amount to a violation of competition law provisions.
Parties & counsel
- applicant
Shri Umar Javeed and Shri Aaqib Javeed
Coram
Ravneet Kaur
Anil Agrawal
Deepak Anurag
Case details
As recorded by the court registry
- Court
- CCI
- Decided on
- · April
- Case no.
- 33/2024
- Topic
- Property and Title
Similar cases
Judgements on the same questions, provisions and authorities, from every court