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Emission fiasco: Supreme Court stays Rs 500 crore fine on Volkswagen

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Published : May 6, 2019, 1:40 PM IST

A bench headed by Justice S A Bobde virtually stayed the imposition of fine for the time being against the multinational automobile company.

Volkswagen

New Delhi: The Supreme Court on Monday said no coercive action will be taken against German auto major Volkswagen against whom the National Green Tribunal has imposed a fine of Rs 500 crore for damaging the environment through the use of "cheat device" in its diesel cars in India.

A bench headed by Justice S A Bobde virtually stayed the imposition of fine for the time being against the multinational automobile company.

Read more:ICRA downgrades ratings, outlook on Yes Bank, 2 Reliance Capital arms

The apex green tribunal had on March 7 slapped a fine of Rs 500 crore on Volkswagen and directed the car maker to deposit the amount within two months.

The green panel on November 16, 2018, had said use of 'cheat device' by Volkswagen in diesel cars in India led to the inference of environmental damage and had directed it to deposit an interim amount of Rs 100 crore with the Central Pollution Control Board (CPCB).

New Delhi: The Supreme Court on Monday said no coercive action will be taken against German auto major Volkswagen against whom the National Green Tribunal has imposed a fine of Rs 500 crore for damaging the environment through the use of "cheat device" in its diesel cars in India.

A bench headed by Justice S A Bobde virtually stayed the imposition of fine for the time being against the multinational automobile company.

Read more:ICRA downgrades ratings, outlook on Yes Bank, 2 Reliance Capital arms

The apex green tribunal had on March 7 slapped a fine of Rs 500 crore on Volkswagen and directed the car maker to deposit the amount within two months.

The green panel on November 16, 2018, had said use of 'cheat device' by Volkswagen in diesel cars in India led to the inference of environmental damage and had directed it to deposit an interim amount of Rs 100 crore with the Central Pollution Control Board (CPCB).

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Emission fiasco: No coercive action against Volkswagen, says SC
         New Delhi, May 6 (PTI) The Supreme Court Monday said no coercive action will be taken against German auto major Volkswagen against whom the National Green Tribunal has imposed a fine of Rs 500 crore for damaging the environment through use of "cheat device" in its diesel cars in India.
          A bench headed by Justice S A Bobde virtually stayed the imposition of fine for the time being against the multinational automobile company.
         The apex green tribunal had on March 7 slapped a fine of Rs 500 crore on Volkswagen and directed the car maker to deposit the amount within two months.
          The green panel on November 16, 2018 had said use of 'cheat device' by Volkswagen in diesel cars in India led to the inference of environmental damage and had directed it to deposit an interim amount of Rs 100 crore with the Central Pollution Control Board (CPCB). PTI SJK ABA URD          URD
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