
Section 3 Competition Act - Trustees’ Association & Debenture Trustees Found Guilty of Price-Fixing Trusteeship Fees : CCI
The CCI found the Trustees’ Association of India and four debenture-trustee firms colluded to fix trusteeship fees for NCDs, breaching Section 3 of the Competition Act. It ordered a cease-and-desist and penalties, warning that fee-setting in the debt-securities market is subject to competition law. NCD issuers and investors are directly affected.








