Tech company Apple has filed a reply in the Delhi High Court. symbolic picture
Jagran correspondent, New Delhi. Tech company Apple has filed a reply in the Delhi High Court on a petition challenging the order to present audited financial statements for several years. Apple, which is facing investigation by the Competition Commission of India (CCI) over allegations of abusing its position on the App Store, told the court that the company should not be forced to participate in the illegal penalty arrangement.
Apple said that if such an unjust penalty is imposed on it by the CCI, then allowing the company to approach the National Company Law Appellate Tribunal would mean that constitutional harm has already been done. Apple has also challenged the changes made in the Competition Act-2002 to allow CCI to impose penalties on the basis of the company's global turnover.
The US-based company assured that it did not intend to delay or stall the proceedings before the CCI, but it cannot be forced to face consequences earlier. Refuting CCI's allegations of delay, Apple also said that it has cooperated in the record verification process.
Apple has filed a petition challenging the amendment to the CCI Act-2002, which allows CCI to impose penalties based on the global turnover of a company. It also challenged the directive to submit audited financial statements of the firm for several years.
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