Saturday, June 6, 2026
24*7 News World
  • Home
  • World

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    Cathay Pacific announces plans to launch direct flights to Almaty.

    First flight of the Qantas A350-1000ULR (MSN 707) - © Airbus SAS 2026

    World’s longest-range aircraft, the Airbus A350-1000ULR takes to the skies.

    Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion.

  • National
    • All
    • Economy & Politics
    • Election

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    PhysicsWallah fined ₹5 lakh and McAfee ₹1 lakh for practices affecting informed consumer choice.

    27-day Lalbagh Mango and Jackfruit Mela starts from June 4 in Bengaluru.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Dr. M. R. Jayaram, Chancellor, RISM, and other RISM members addressed a press meet organized on Monday, 1st June 2026 at the Ramaiah Institute of Science and Management, Bengaluru

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    ‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

  • Business

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion.

  • Health

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Dr. M. R. Jayaram, Chancellor, RISM, and other RISM members addressed a press meet organized on Monday, 1st June 2026 at the Ramaiah Institute of Science and Management, Bengaluru

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    PHOTO CREDIT-PHILIPS

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Dr Sunil Kumar Dash.

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

  • Technology
    • All
    • Environment
    • Science

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

  • Auto

    Audi announces third generation of the Q7.

    India’s First D+ SUV - MG MAJESTOR

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    PHOTO CREDIT-HONDA

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

  • Sports

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    Shriram Finance Limited - Padukone School of Badminton Logo

    Shriram Finance Announces Alliance with Padukone School of Badminton to Boost Grassroots Talent Across India

    PHOTO CREDIT-UNILEVER.

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Leaders, clinicians, and experts at Manipal Hospital Whitefield come together to celebrate a landmark achievement in robotic-assisted surgery, reflecting the hospital’s commitment to precision-led, minimally invasive care across multiple specialties.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

No Result
View All Result
24*7 News World
  • Home
  • World

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    Cathay Pacific announces plans to launch direct flights to Almaty.

    First flight of the Qantas A350-1000ULR (MSN 707) - © Airbus SAS 2026

    World’s longest-range aircraft, the Airbus A350-1000ULR takes to the skies.

    Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion.

  • National
    • All
    • Economy & Politics
    • Election

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    PhysicsWallah fined ₹5 lakh and McAfee ₹1 lakh for practices affecting informed consumer choice.

    27-day Lalbagh Mango and Jackfruit Mela starts from June 4 in Bengaluru.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Dr. M. R. Jayaram, Chancellor, RISM, and other RISM members addressed a press meet organized on Monday, 1st June 2026 at the Ramaiah Institute of Science and Management, Bengaluru

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    ‘Education should not merely be a means of securing employment but also a powerful tool for character building.”-says Dr. C. N. Manjunath.MP.

  • Business

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion.

  • Health

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    Dr. M. R. Jayaram, Chancellor, RISM, and other RISM members addressed a press meet organized on Monday, 1st June 2026 at the Ramaiah Institute of Science and Management, Bengaluru

    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    PHOTO CREDIT-PHILIPS

    Disney and Philips bring together beloved storytelling and innovative technology to support kids undergoing MRI exams

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Dr Sunil Kumar Dash.

    Manipal Hospital Bhubaneswar Strengthens Robotic Orthopedic Care with 1000 Knee Replacement Successes.

  • Technology
    • All
    • Environment
    • Science

    SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

    Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure.

    IIMC launches AI academy in Media & Entertainment to build future-ready AI capabilities in Indian Media

    IBM and Red Hat Commit $5 Billion to Redefine the Future of Open Source in the AI Era.

    FAO outlines urgent measures and policy recommendations to avert severe crisis within six to 12 months

    IBM and U.S. Department of Commerce Announce America’s First Purpose-Built Quantum Foundry, Supported by Proposed $1 Billion CHIPS Award .

  • Auto

    Audi announces third generation of the Q7.

    India’s First D+ SUV - MG MAJESTOR

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

    PHOTO CREDIT-HONDA

    Honda launches the New Honda City and marks India Debut of its Global Sporty Hybrid SUV All New ZR-V e:HEV.

  • Sports

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    Shriram Finance Limited - Padukone School of Badminton Logo

    Shriram Finance Announces Alliance with Padukone School of Badminton to Boost Grassroots Talent Across India

    PHOTO CREDIT-UNILEVER.

    Unilever launches largest sports partnership activation for FIFA World Cup 2026™

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Leaders, clinicians, and experts at Manipal Hospital Whitefield come together to celebrate a landmark achievement in robotic-assisted surgery, reflecting the hospital’s commitment to precision-led, minimally invasive care across multiple specialties.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

No Result
View All Result
24*7 News World
No Result
View All Result
Home Business

Court penalises potato wholesaler for breaching the Horticulture Code and declares unfair contract terms void

FWM by FWM
August 2, 2019
in Business
0
2 August 2019

In proceedings brought by the ACCC, the Federal Court has declared that certain terms of contracts between Australia’s largest potato wholesaler, Mitolo Group Pty Ltd, and potato growers entered into between December 2016 and February 2018 were unfair contract terms and therefore void.

The Federal Court ordered that Mitolo pay a pecuniary penalty of $240,000 for contraventions of the Horticulture Code of Conduct in relation to 19 contracts entered into with potato growers, arising from Mitolo trading pursuant to contracts which did not specify the time in which the price was to be agreed with growers in writing. Mitolo was also ordered to pay the ACCC’s costs in the amount of $50,000.

The contract terms which were declared to be unfair included terms that allowed Mitolo to unilaterally determine or vary the price Mitolo paid farmers for potatoes, unilaterally vary other contractual terms, declare potatoes as “wastage” without a mechanism for proper review, and prevent farmers from selling potatoes to alternative purchasers.

The Court also declared that terms in Mitolo’s contracts preventing farmers from selling their own property unless the prospective purchaser entered into an exclusive potato farming agreement with Mitolo were unfair contract terms.

ADVERTISEMENT

“This is the first Court imposed penalty for a contravention of the new Horticulture Code,” ACCC Deputy Chair Mick Keogh said.

“This is an important case for the ACCC as it goes to the heart of fairness issues the ACCC is seeking to address in agriculture. Since the ACCC’s Agriculture Unit was set up, a key concern raised by farmers relates to the degree of risk they carry and detriment they suffer as a result of imbalanced contracts.”

Through its industry engagement, the ACCC received complaints about Mitolo’s contracts from growers and industry bodies.

In addition to the orders made by the Court, Mitolo provided the ACCC with a court enforceable undertaking which contains a revised form of contract. Mitolo has undertaken to contract with growers on terms no less favourable than the revised contract terms, which are annexed to the undertaking.

“The new Mitolo contract terms are intended to provide potato growers with greater transparency and certainty over pricing, and allow them to sell potatoes to other parties if they are not satisfied with the price received from Mitolo,” Mr Keogh said.

“We take these matters very seriously, and the Court’s ruling confirms that both the Horticulture Code and the unfair contract terms law provide farmers with important protections against companies that seek to impose and enforce unfair terms,” Mr Keogh said.

In resolving this matter, Mitolo made admissions to the Court and made joint submissions with the ACCC in relation to the appropriate penalty to be imposed.

Tags: Mitolo Group Pty Ltd
FWM

FWM

Related Posts

Business

Blackstone-backed AirTrunk plans to invest US$30bn and +5GW in India.

by FWM
June 5, 2026
Business

India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

by FWM
June 5, 2026
Business

SAP Labs India Unveils 2026 Startup Studio Cohort Focused on Enterprise AI and Deep-Tech Innovation.

by FWM
June 2, 2026
Business

Blackstone Raises its Largest Asia Private Equity Fund at $13.1 Billion.

by FWM
June 2, 2026
Business

IBM Commits More Than $10 Billion to Quantum Computing, Funding Its Roadmap from Today’s Leading Systems to the World’s First Fault-Tolerant Quantum Computers.

by FWM
June 2, 2026

Stay Connected

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    June 5, 2026

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    June 5, 2026

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    June 5, 2026

    Recent News

    India Emerges as World’s Most Trusted Investment Destination: Union Minister of Commerce and Industry,Piyush Goyal at Citi India Conference 2026.

    June 5, 2026

    Praggnanandhaa Defeats Gukesh in All-Indian Clash, Enters Final Round in Title Hunt.

    June 5, 2026

    WellSpan Health and Philips Announce Landmark Strategic Alliance, Accelerating Innovation and Research Across Central Pennsylvania and Northern Maryland

    June 5, 2026

    CRICKETER OF THE CENTURY: A Prediction Before the World Took Notice

    June 4, 2026
    ADVERTISEMENT

    © 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

    error: Content is protected !!
    No Result
    View All Result
    • Home
    • World
    • National
    • Business
    • Economy & Politics
    • Election
    • Health
    • Technology
    • Auto
    • Sports
    • Entertainment
    • Lifestyle

    © 2018 | Fortune World Media | MEDIA & ENTERTAINMENT CO. IN | Powered by Raja's Digital

    Go to mobile version