DLF Ltd. - buyer agreement abusive, amended CCI

The Competition Commission of India (CCI) has modified the buyer-builder agreement in the case of ‘abuse of dominance’ by the country’s largest realty player DLF. At least 16 sub-clauses, found abusive and unfair have been deleted. The overall architecture of the agreement has been changed, according to the Commission, which changed the pact on the directions of the Competition Appelate Tribunal (Compat). The next hearing of Compat is on January 9, 2012
Calling it a model agreement for

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