Universal Autofoundry Legal & Regulatory
Universal Autofoundry received a claim petition for Rs. 3.56 Crore from M/s Precision Autocastings under the MSMED Act, 2006. The company is currently examining the matter.
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Universal Autofoundry received a claim petition for Rs. 3.56 Crore from M/s Precision Autocastings under the MSMED Act, 2006. The company is currently examining the matter.
BCCL reports a Supreme Court order affirming a lower court decree directing the company to pay Rs.46.20 Crore, arising from a past contractual dispute.
Bharti Airtel received a penalty of ₹0.02 Crore from the Department of Telecommunications for alleged subscriber verification norm violations. The company will pay the penalty.
Bharti Airtel received a penalty order from the Department of Telecommunications for Rs. 0.015 Crore. The company has decided not to contest and will pay it.
BIS search led to a ₹0.03 Crore penalty on Fujiyama Power Systems. Seized inventory of ₹2.52 Crore is expected to be released.
Pitti Engineering disclosed conclusion of a GST search at its Maharashtra plant, agreeing to pay ₹0.78 Cr tax and interest. No material financial impact stated.
JSW Dulux received a favorable MP GST appeal order annulling a Rs. 0.77 Crore demand. The company's prior tax liability is fully discharged.
MTNL disclosed TRAI quality-of-service fines of Rs 4 lakh and Rs 3 lakh, totalling Rs. 0.07 Crore. Both penalties carry no material financial or operational impact.
Polycab India disclosed NCLAT granted early listing of its appeal against Asier Metals. Hearing moved to October 15, 2026, from the original October 26 date.
Om Galaxy Ltd underwent a GST inspection, leading to a voluntary payment of ₹1.88 crore for routine compliances. No material impact on operations occurred.
PNC Infratech secured a High Court stay on the NHAI's debarment orders. The company confirms that development and construction operations will continue to remain unaffected.
TeamLease received a tax Show Cause Notice from the Karnataka Commercial Taxes department for FY 2022-23. The total tax demand mentioned is ₹28.92 Crore.
Paytm's subsidiary, First Games, received a GST demand order for ₹703.66 Crore. The company stated this order will have no incremental financial impact on its results.
Texmo Pipes and Products faces an adverse arbitration award of Rs. 25.66 crore from Larsen and Toubro. The company intends to challenge this outcome legally.
Maithan Alloys disclosed a search and seizure operation conducted by the Customs Department at its Visakhapatnam unit. The company reports no financial or operational impact.
InterGlobe Aviation received a customs order demanding additional duty, interest, and a penalty of ₹3.5 Crore. The company intends to contest the order before appellate authorities.
JK Tyre & Industries Ltd. received a GST Show Cause Notice demanding ₹94.86 Crore for FY 2022-23. The company is contesting the tax, interest, and penalty demand.
Wallfort Financial Services' previously reported Rs. 6 Lakh penalty is now held in abeyance by SEBI, pending further communication regarding financial disincentives for Trading Members.
Link Pharma Chem Ltd received a GST order reducing the total demand and penalty for FY 2021-22. The company plans to appeal the decision.
Bajaj Electricals received an appellate order for FY 2019-20 from the West Bengal tax authority, imposing a total tax demand of Rs. 6.27 Crore.
NALCO requests a waiver from BSE and NSE for a Rs. 0.14 Crore fine imposed due to non-compliance regarding Independent Director appointments.
Bajaj Electricals received an appellate order from West Bengal GST authorities demanding Rs. 6.27 Crore, including a Rs. 0.32 Crore penalty. The company is evaluating legal remedies.
Kalpataru Projects reported a partially successful appeal against a GST tax order. The penalty has been reduced to ₹0.14 Crore from the previous amount.
Jyoti Ltd disclosed BSE's rejection of its listing application for 59,63,636 shares allotted to Rare Asset Reconstruction. The company is pursuing appeal before the appropriate authority.
Bombay Burmah received a notice from the Tamil Nadu Forest Department regarding lease rent re-computation, citing a provisional amount of Rs. 6,462.12 crore.
The Bombay Burmah Trading Corporation received a notice from the Tamil Nadu Forest Department regarding a provisional lease rent re-computation claim of ₹6,462.12 Crore.
RNFI Services Limited received a favorable appellate order from the Income Tax authorities, deleting a tax addition of Rs. 1.48 Crore for AY 2024-25.
Voltas Limited received an order from GST authorities dropping the previously reported tax demand of ₹30.22 crores. The company has been granted complete relief.
Panorama Studios explains to the BSE that a delay in disclosing an Income Tax search was due to internal verification efforts. The company pledges future compliance.
Maruti Suzuki informed that the NCLAT hearing previously scheduled for November 2, 2026, will not proceed. The next hearing date will be notified subsequently.