Delhi HC backs licence denial to Pernod Ricard, locking French spirits giant out of capital
Delhi High Court dismissed Pernod Ricard's plea challenging the rejection of its L-1 wholesale liquor licence, citing pending ED prosecution tied to the scrapped Delhi excise policy. The maker of Absolut, Chivas Regal and Glenlivet remains shut out of the Delhi market for a third year, with ₹5,700 crore potential tax liability looming.
Delhi High Court dismissed Pernod Ricard's plea challenging denial of L-1 wholesale liquor licence, citing pending ED prosecution in the Delhi excise policy case. The French spirits giant remains shut out of Delhi market for nearly three years.
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