Nestle gets interim relief on NAA’s outstanding fine

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The Delhi High Court has given interim relief to Nestle India by ordering a stay on the payment of outstanding penalty that the National Anti-Profiteering Authority (NAA) had directed the local arm of the Swiss fast-moving consumer goods firm to pay.

In its order dated February 10, the court said the company had already paid Rs 16.58 crore of the total demand of Rs 89.73 crore and clamped a stay on the recovery of the balance amount.

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