Fortis Healthcare Legal & Regulatory
Northern TK Venture Pte Ltd, Fortis Healthcare's promoter, has appealed a Tokyo District Court judgment to the Tokyo High Court. The litigation concerns losses related to delayed tender offer approvals.
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Northern TK Venture Pte Ltd, Fortis Healthcare's promoter, has appealed a Tokyo District Court judgment to the Tokyo High Court. The litigation concerns losses related to delayed tender offer approvals.
G-TEC Jainx Education's subsidiary, Keerti Institute India, received a GST Show Cause Notice for FY 2022-23. The notice relates to discrepancies in input tax credit and outward supplies.
Kalpataru Limited's subsidiary, Ananta Landmarks Private Limited, received a Rs. 14.00 Crore GST show cause notice. The company intends to contest the demand for FY 2022-23.
Sangal Papers Limited received a rectification order from the Income Tax Department for A.Y. 2025-2026. The order raises a tax demand of ₹0.15 Crore.
LG Electronics India received a Show Cause Notice from the Customs Department proposing a recovery of Rs. 153.58 Crore. The notice alleges short-payment of customs duty on imported goods.
State Tax authorities in Ahmedabad dropped proceedings against Om Power Transmission Limited regarding alleged excess ITC of Rs. 1.12 Crore. The company faces no financial liability for interest or penalties.
Cemantic Infra-Tech Limited reported an NCLT petition filed by four shareholders seeking voting rights at the AGM and director removal. The tribunal has not granted immediate relief.
Olympic Cards Ltd is following up on its request for a waiver of fines previously levied and paid to the BSE regarding LODR regulation compliance.
Prasol Chemicals Limited reported a SEBI insider trading violation involving its CFO, Rahul Ashit Shroff. The company issued a warning letter for a trade executed during the closure period.
The GST Department closed proceedings regarding FY 2022-23 discrepancies, stating the company's reply was satisfactory and no further action is required.
JSW Dulux Limited received a Show Cause Notice from the West Bengal GST Department for Rs. 0.57 Crore regarding Input Tax Credit disallowance.
UNO Minda received a tax order from the Pune VAT authority demanding Rs. 1.42 Crore, including penalties. The company intends to contest the order.
Uno Minda received a tax demand order of Rs. 1.14 Crore from Pune VAT authorities for CST non-compliance. The company intends to contest the order.
Brigade Enterprises received a show cause notice from GST authorities regarding tax reporting differences. The company denies merits of the notice and expects no financial impact.
Gandhar Oil Refinery received a court order acquitting the company in a 2014 litigation matter. The case closure imposes no monetary liability on the company.
V.L.Infraprojects Limited filed a Writ Petition in the Gujarat High Court challenging a penalty order of Rs. 0.29 Crore imposed by the Regional Director.
Cemindia Projects has withdrawn its execution petition against Baya Weaver Ltd and Saya Cementation Ltd, with liberty to file it afresh. No material financial impact exists.
NSE imposed a fine of Rs. 1.83 Lakhs on Influx Healthtech for a delay in submitting consolidated financial results for the half year ended March 31, 2026.
Oneindig Technologies disclosed that its Managing Director received a warrant from a Consumer Disputes Redressal Commission regarding an alleged non-compliance in a consumer execution matter.
South Asian Enterprises disclosed a provisional Income Tax Department attachment order against a deceased promoter's assets. The company reports no material impact on its operations or financials.
Munjal Showa received a tax assessment notice from the Haryana Excise & Taxation Department totaling ₹3.27 Crore for assessment years 2008-09 to 2014-15.
JSW Cement received a GST show cause notice from the Belagavi Audit Commissionerate alleging a tax demand of ₹229.85 crore. The company is preparing a response.
Kalpataru Projects announced that the Additional Commissioner (Appeal) upheld the GST order, confirming a tax, interest, and penalty demand totaling ₹3.05 Crore. The company will appeal further.
Samtex Fashions reported the dismissal of its appeal regarding income tax disallowances for AY 2000-2001 and 2001-2002. This update concerns an ongoing tax dispute.
VLS Finance has received an Income Tax Department order provisionally attaching shares held by a deceased promoter. The company states this has no material financial impact.
Samtex Fashions Ltd reports that the Supreme Court dismissed its appeal regarding Income Tax disallowances for AY 2000-2001 and 2001-2002, involving Rs. 1.07 Crore.
The GST authority in Jaipur issued an order imposing a tax demand and penalty of approximately ₹13.86 Crore each on the Company.
NSE rejected Gufic Biosciences' waiver application regarding a ₹1.72 lakh penalty for Regulation 17(1A) non-compliance. The company will pay the fine by October 03, 2026.
DPSC Limited disclosed an SFIO notice calling information under Section 217(1) related to an investigation of Gupta Power Infrastructure Limited. No financial or operational impact stated.
Lancor Holdings disclosed the Supreme Court dismissed a Curative Petition, confirming its ownership of the Menon Eternity property. The litigation is now closed in all respects.