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Neeraj Malhotra vs Deustche Post Bank Home Finance Ltd. & ... on 2 December, 2010

7. The Commission considered the information in its Ordinary Meeting held on 14th June 2016 and decided to have a preliminary conference with the Parties on 17th August 2016. Accordingly, the Commission heard the parties on 17th August 2016. During the preliminary conference, the Informant reiterated the facts and allegations presented in the information. On the other hand, the Opposite Party inter alia submitted that HDFC is the most prominent player in the mortgage loan business in India and the Opposite Party does not enjoy dominant position. Placing reliance on the order dated 2nd December 2010 of the Commission in Case No. 5/2009 titled Neeraj Malhotra vs Deustche Post Bank Home Finance Limited & Ors., the Opposite Party further contended that imposition of pre-payment penalty does not amount to contravention of the provisions of the Act.
Competition Commission of India Cites 24 - Cited by 15 - Full Document
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