Pageant Fee of India (CCI) has sought some knowledge from some cement firms and a cement broker. Those come with UltraTech Cement, Dalmia India and Mr. Digvijay Cement. Cement broker is called Umakant Agarwal. Those firms were requested to provide details about the source of revenue tax go back of a few other folks in their finance and control. CCI has sought this data in a case associated with ONGC.
ONGC had made a criticism to CCI. It used to be stated that those cement firms had blended with Aggarwal to bid in a young. This used to be given by means of the smooth (ONGC). Previous, ONGC had complained towards 3 cement firms in 2020. After investigation, the CCI additionally ordered Aggarwal to shape a celebration on this case.
The CCI order got here on 26 June. On this, those cement firms were given 8 weeks to reply. The CCI has requested Shri Digvijay and Dalmia to introduce their stability sheet, benefit and loss and skilled accounts. This data between FY11 and FY19 has been sought. Ultratech and its subsidiary India cements have additionally been requested to provide some of these knowledge together with the stability sheet.
Those corporations have additionally been requested to provide a certificates and affidavit issued by means of the statutory auditors about their turnover from the sale of cement. Except for those firms, CCI has known senior officials of businesses and Aggarwal. He has been requested to provide details about his source of revenue tax returns of years related to the investigation of businesses associated with themselves.