HC: Allows Samsung India to deposit profiteered amount in instalments, stays interest

Delhi HC directs Samsung India to deposit the principal profiteered amount in 6 equated instalments, in view of its earlier orders passed in case of Phillips India, Samsonite South Asia & Patanjali Ayurved Ltd.; Stays the payment of interest amount as directed by Revenue and lists the case on November 3, 2020 along with connected batch of similar matters; Samsung challenged the NAA order dated February 27, 2020, holding Samsung guilty of profiteering to tune of Rs. 37,85,...