THE ORDER
The facts of this case and the conduct of the OP-1,
as discussed above, particularly the size and resources of OP -1 a n d the duration during
which this abuse has continued to the advantage
of DLF Ltd. and to the disadvantage of consumers, warrant imposition of a heavy penalty. Keeping, in view the totality of the facts and circumstances of the case, the Commission considers it appropriate to impose penalty at the rate of 7% of the average of the turnover for the last three preceding financial years on OP-1. Therefore, in exercise of powers under section 27 (b) of the Act, the Commission imposes penalty on DLF Ltd. as computed below: Turnover for year ended 31.03.2009 Rs 10,035.39 crores Turnover for year ended 31.03.2010 Rs 7,422.87 crores Turnover for year ended 31.03.2011 Rs 9,560.57 crores Total Rs 27,018.83 crores Average (Total ÷ 3) Rs 9006.27 crores 7 % of average Rs 630.43 crores Penalty rounded off to nearest number Rs 630 crores (or Rs 6.3 billion)
