Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Freetrade looks to shake up the mutual funds market
    • Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity
    • How One Board Sparked A Fundraising Shift
    • Bitcoin investors flee ETFs to the tune of $1bn as volatility spikes
    • 3 Top-Ranked Small-Cap Blend Mutual Funds Worth Buying
    • Look to Asia for AI-themed investments, says JPMorgan Apac equities head
    • Property Finder receives $250mln financing from Ares Management to accelerate growth and innovation
    • Gold rates skyrocket to ₹1.32 Lakh/10g post Diwali; Here’s why ETFs are gaining popularity among investors right now
    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

    Property Finder receives $250mln financing from Ares Management to accelerate growth and innovation

    October 21, 2025

    Retirement funds vs property: Which is the better investment for your retirement?

    October 20, 2025

    China’s Decline in Home Sales, Property Investment Worsen

    October 19, 2025
    Leave A Reply Cancel Reply

    Top Posts

    How One Board Sparked A Fundraising Shift

    October 21, 2025

    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
    Don't Miss
    Mutual Funds

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Thursday 02 October 2025 8:00 am  |  Updated:  Thursday 02 October 2025 8:09 am Share Facebook…

    Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity

    October 21, 2025

    How One Board Sparked A Fundraising Shift

    October 21, 2025

    Bitcoin investors flee ETFs to the tune of $1bn as volatility spikes

    October 21, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Publicly listed markets are ‘losing out on compelling investments’ – London Business News

    July 24, 2025

    Mutual funds push DII buying towards record high amid FII selling in India’s stock market

    September 2, 2025

    Nearly £1 million in premium bonds unclaimed in Suffolk

    August 6, 2025
    Our Picks

    Freetrade looks to shake up the mutual funds market

    October 21, 2025

    Special Situation Funds rise as India’s next growth driver, turning stressed assets into opportunity

    October 21, 2025

    How One Board Sparked A Fundraising Shift

    October 21, 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.