Afcons Infrastructure Legal & Regulatory
Afcons Infrastructure received an appellate order confirming a previously disclosed GST demand of Rs. 38.82 crore plus penalty. The company intends to challenge this order.
- Value
- ₹77.64 Cr
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6 announcements
Afcons Infrastructure received an appellate order confirming a previously disclosed GST demand of Rs. 38.82 crore plus penalty. The company intends to challenge this order.
Afcons Infrastructure received a GST demand order for Rs. 1.18 Crore for FY 2020-21. The company contests the order and denies any financial impact.
Afcons Infrastructure received a favourable ₹335.50 Crore arbitral award from the Uttar Pradesh Expressways Industrial Development Authority. The amount is payable subject to no legal challenges.
Afcons Infrastructure Ltd was fined ₹16.48 crore for alleged irregularities in earth excavation at the MML5 project. The company will contest the order.
Afcons Infrastructure Ltd received a penalty notice of ₹16.48 Crore from the Tahsildar, Bhiwandi. The company will contest the order.
Afcons Infrastructure received a favourable arbitration award of ₹148.67 Crore for its tunnel project. The award will positively impact the company’s financial position.