Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • How to Establish Beneficiaries for Your Mutual Funds
    • Understanding Back-End Load Fees in Mutual Funds
    • Mutual Fund Timing: Definition, Impact, and Example
    • Multi-asset allocation funds emerge as top-performing hybrid segment in February
    • NS&I Premium Bonds customers with ‘modest’ holdings urged to close accounts
    • Market correction: Flexi-cap funds fall up to 23% in nearly 18 months; large caps decline over 12%
    • A Guide to Tax-Free Savings and Prizes
    • What Are Dual Currency Bonds? How They Work
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Property Investments»Competition Tribunal upholds CCP’s decision safeguarding real estate investments
    Property Investments

    Competition Tribunal upholds CCP’s decision safeguarding real estate investments

    July 24, 2024


    The Competition Appellate Tribunal (CAT) has dismissed the appeal filed by Eden Builders (Pvt) Ltd, upholding the decision of the Competition Commission of Pakistan (CCP) regarding misleading advertising claims about their housing project.

    In 2018, the CCP imposed a penalty of Rs 2.5 million on Eden Builders for deceptive marketing campaigns related to their ‘Eden Life Islamabad’ project, violating Section 10 of the Competition Act, 2010. 

    The CCP determined that Eden Builders’ claims were misleading. Specifically, their advertisement featured an illegible disclaimer about additional development charges not included in the quoted price, which was held misleading and tantamount to an omission of material price-related information, thus violating Section 10 of the Competition Act. 

    The allusion in the advertisement of approval by CDA was also held to be a false and misleading claim, as there was no such approval.

    Eden Builders filed an appeal against the CCP’s order before CAT. The Tribunal dismissed the appeal and upheld CCP’s order regarding Eden Builders’ violations of Section 10 of the Act.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Confidence, knowledge, and community: How women can break the property glass ceiling

    March 9, 2026

    Property power: Women building wealth and legacy through real estate

    March 7, 2026

    Tax Implications of Buy-to-Let Investments: Rules and Requirements

    March 6, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    Leveraged ETFs: What Are They and How Do They Work?

    June 4, 2023

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    How to Establish Beneficiaries for Your Mutual Funds

    March 10, 2026

    Key Takeaways Mutual fund accounts can have beneficiaries, depending on how the account was established.Beneficiaries…

    Understanding Back-End Load Fees in Mutual Funds

    March 10, 2026

    Mutual Fund Timing: Definition, Impact, and Example

    March 10, 2026

    Multi-asset allocation funds emerge as top-performing hybrid segment in February

    March 10, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Spot Bitcoin ETFs Are a ‘Godsend’ for BTC Price: Analyst | Video

    August 12, 2024

    Equity MF inflows fall 14% in March despite market rebound; sectoral funds see steep drop

    April 11, 2025

    SBI Mutual Fund launches Nifty Bank Index Fund; check subscription dates, minimum investment & other key details

    January 17, 2025
    Our Picks

    How to Establish Beneficiaries for Your Mutual Funds

    March 10, 2026

    Understanding Back-End Load Fees in Mutual Funds

    March 10, 2026

    Mutual Fund Timing: Definition, Impact, and Example

    March 10, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.