ICICI Lombard General Insurance Company Legal & Regulatory
ICICI Lombard received an IRDAI order levying a ₹1 Crore penalty for outsourcing non-compliance. The company states no operational impact beyond the stated penalty.
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- ₹1.00 Cr
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ICICI Lombard received an IRDAI order levying a ₹1 Crore penalty for outsourcing non-compliance. The company states no operational impact beyond the stated penalty.
Prism Johnson won an appeal at CESTAT, New Delhi, resulting in the dismissal of a Rs. 11.53 Crore excise duty demand and penalty. No adverse impact exists.
Prism Johnson announced the CESTAT set aside an excise duty demand and penalty totaling Rs. 11.53 Crores. This litigation update represents a favorable outcome for the company.
Prism Johnson Ltd announced that the Commissioner (Appeals) set aside a GST demand of Rs. 22.70 Crores. This favorable order resolves the tax litigation with no financial impact.
Reliance Power Limited has been named as an accused in a first supplementary chargesheet filed by the CBI in the Reliance Commercial Finance Limited matter.
Diamond Power Infrastructure Limited incurred a total penalty of ₹0.03 Crore imposed by NSE and BSE for non-compliance with Minimum Public Shareholding norms. The company is now compliant.
Elnet Technologies received a fine of ₹0.004 Crore from BSE for non-compliance with Audit Committee composition requirements. The company has since rectified the deficiency.
JSW Dulux received a GST show cause notice from the Karnataka GST Department demanding ₹48.59 Crore. The company is preparing its response to the authorities.
Radaan Mediaworks India Limited received a favorable order from CESTAT Chennai. The tribunal set aside consequential demands for interest and penalties relating to service tax appeals.
CESTAT Chennai set aside a ₹5.32 Crore CENVAT credit demand against Radaan Mediaworks. The Tribunal confirmed telecast fees as eligible input services for 2012–2015.
JSW Dulux received a Karnataka GST Refund Order annulling a prior demand, refunding Rs.10.81 Lakh in tax and interest and waiving the penalty. The earlier December 2024 litigation is now resolved in the company's favour.
Neogen Chemicals received a GST show-cause demand notice for ₹6.97 Crore for FY 2022-23. The company is evaluating the notice and intends to file a response.
Sadbhav Infrastructure's Board reviewed a stock exchange fine for non-compliance with Board composition regulations. The company confirms full compliance following recent independent director appointments.
Galaxy Supermarket Limited announced that the NCLT has dismissed and disposed of the proceedings/interlocutory application previously instituted against the Company.
Galaxy Supermarket Ltd disclosed a bank account attachment notice for Rs. 51.20 Lakhs regarding outstanding commercial tax dues from 2008-2011. The company is seeking legal advice.
Jayaswal Neco Industries has paid a Rs.0.76 Crore penalty to BSE for a delayed 2015 shareholding disclosure. The payment was made under protest.
Medplus Health's subsidiary received suspension notices for drug licenses at two stores. The combined financial impact is estimated at Rs 14.62 lakhs.
Zydus Lifesciences' subsidiary, ZPUI, settled an antitrust litigation case for a total payment of USD 5.9 million, without admission of wrongdoing.
Harish Textile Engineers has updated that the mediation proceedings with Vashi Integrated Solutions Limited have been rescheduled to September 11, 2026, with no current financial impact.
RNFI Services Limited informed the exchange that it paid a fine of Rs. 11,800 for delayed submission of voting results as per SEBI regulations.
Kataria Industries reported NSE-imposed fines of ₹11,800 and ₹40,120 for listing regulation non-compliance. The Board acknowledged these lapses and confirmed the fines have been paid.
UBL received a favorable High Court order dismissing a ₹21.92 crore service tax demand, reducing the company's contingent tax liability to nil.
Kokuyo Camlin received a GST demand order totaling Rs.7.80 Lakhs, including tax, interest, and penalty. The company intends to file an appeal.
Mawana Sugars received a GST audit notice from the Joint Commissioner, Meerut, demanding Rs. 12.94 Lakhs. The company intends to file an appeal against this demand.
Aries Agro Limited received a tax demand order of ₹3.96 Crore from GST authorities. The company plans to appeal this order before the GSTAT.
Carraro India received a customs order demanding differential IGST of ₹15.25 crore and a penalty of ₹5 crore. The company intends to challenge this order.
The Delhi Income Tax Tribunal allowed ZF Steering Gear's deduction claims for a 10-year period (AY 1995-96 to 2004-05). The company is now eligible for tax refunds.
Restaurant Brands Asia Limited was fined Rs. 0.16 Crore by the Additional District Magistrate, Agra. The penalty relates to violations of the Food Safety and Standards Act.
Restaurant Brands Asia Limited received a fine of Rs. 1,60,000 from the ADM Court, Agra. The penalty follows violations under the Food Safety and Standards Act, 2006.
BSE has withdrawn a fine of Rs. 1,01,480 previously levied on Industrial & Prudential Investment Company Ltd for non-compliance, following the company's reconciliation report submission.