The CCI has just come out with the Supplementary Order in the case of Belaire owners’ Association v. DLF, Case No. 19/2010 (Main Order/Supplementary Order) which contains the Modified Buyers’ Agreement (begins from page 25 of the document). A clause by clause analysis of the new agreement would not be only be time consuming (which unfortunately, due to ongoing examinations, I presently don’t have) but would till a large extent be mundane and irrelevant. What is important to summarise are the following points:

1. The CCI has clarified that any such agreement, including the modified agreement drafted by it in this case, would have to comply with the laws and regulations of the respective state (in this case, Haryana) and no agreement, whether framed by the Commission or any other party, could supersede any such Acts,  Rules and Regulations.

2. The CCI decided to basically draft an entirely new agreement along with all the modifications it considers necessary rather than specify specific clauses which require amendment.

Furthermore, this Order in no way affects the merits of DLF’s appeal before the COMPAT. Rather, the reason the COMPAT has directed the CCI to draft a Modified Buyers’ Agreement was to clarify the Commissions stand to help in the effective adjudication of the appeal.