Supreme Court put a stay on NCLAT order to investigate against Flipkart


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The apex court of the country has put a stay order on National Company Law Appellate Tribunal (NCLAT) order that asked CCI to start investigation against Walmart-controlled Flipkart over the use of its dominant position. A bench of Chief Justice S A Bobde and Justices A S Bopanna and V Ramasubramanian were initially of view to send back the matter to NCLAT. However, they later agreed to put a stay on the tribunal’s order.