The National Company Law Appellate Tribunal (NCLAT) on Tuesday stayed the ₹223.48-crore penalty levied by the Competition Commission of India (CCI) on Nasdaq-listed MakeMyTrip-Goibibo (MMT-Go) for indulging in anti-competitive practices. The stay on penalty was granted subject to MMT-Go depositing 10 per cent of the penalty amount.
Mukul Rohatgi, Senior Advocate, Supreme Court and former Attorney General of India, appeared on behalf of MMT and pressed for complete stay of the entire CCI…