Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • NCDEX gets board nod for mutual fund distribution platform; SEBI approval awaited
    • UK funds reached £10tn AUM in 2024
    • Abakkus Mutual Fund files draft papers with SEBI for maiden liquid scheme
    • 19% Drop in Equity Inflows, Mutual Fund AUM Hits Record Rs 79.87 Lakh Crore – Here’s What AMFI Data Reveals
    • Future-Proofing The Hybrid Workplace
    • Investors turn to low-volatility ETFs as risks rise
    • Russia to sell yuan-denominated bonds for first time amid growing budget deficit from war
    • Cathie Wood’s new ETF is definitely racy – but is it worth it?
    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

    EMIRA PROPERTY FUND LIMITED – Unaudited summarised interim financial results for the six months ended 30 September 2025 and dividend declaration – Sens

    November 12, 2025

    Purpose-built student accommodation is an all-weather investment

    November 11, 2025

    How Autumn 2025 Policy Shifts Are Redefining Regional Property Investment

    November 11, 2025
    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

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

    November 19, 2023

    The Evolution of Art and Art Investments: A Historical Perspective on Fruitful Returns and Wealth Management

    August 21, 2023
    Don't Miss
    Mutual Funds

    NCDEX gets board nod for mutual fund distribution platform; SEBI approval awaited

    November 12, 2025

    Arun Raste, Managing Director and CEO, NCDEX The National Commodity and Derivatives Exchange (NCDEX) has…

    UK funds reached £10tn AUM in 2024

    November 12, 2025

    Abakkus Mutual Fund files draft papers with SEBI for maiden liquid scheme

    November 12, 2025

    19% Drop in Equity Inflows, Mutual Fund AUM Hits Record Rs 79.87 Lakh Crore – Here’s What AMFI Data Reveals

    November 12, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Best inflation-busting property investments in each state

    July 23, 2024

    Why I’m Loading Up on These 3 High-Dividend ETFs for Passive Income

    October 27, 2024

    Alabama lawmaker pushes funds for public transportation to curb low labor rate

    October 14, 2024
    Our Picks

    NCDEX gets board nod for mutual fund distribution platform; SEBI approval awaited

    November 12, 2025

    UK funds reached £10tn AUM in 2024

    November 12, 2025

    Abakkus Mutual Fund files draft papers with SEBI for maiden liquid scheme

    November 12, 2025
    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
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

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