The Supreme Court on [February 18] refused to stay a Competition Commission of India (CCI) investigation into the alleged anti-competitive policies followed by Monsanto and the role played by its officers and directors.
A bench led by Justice SA Bobde, sitting alongside Justice Deepak Gupta, rejected a plea by senior advocate Dhruv Mehta against the Delhi High Court order of December 18, 2018. Mehta argued that company officials and directors were being called to supply information even before having been held guilty.
But Justice Bobde wouldnโt hear of it. โNo status quo, stay is required qua individuals,โ he said, as โnothing is happening (against them). Held guilty is far away. It may never happen.โ
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The bench, however, issued notices on the petition and directed that it be tagged for hearing with the companyโs appeal pending in court against the probe….
Read full, original article: Supreme Court refuses to stay CCI Monsanto probe
