JK Lakshmi Cement Legal & Regulatory
JK Lakshmi Cement successfully appealed a ₹16.26 Crore GST demand from Chhattisgarh authorities. The appellate authority dropped all tax, interest, and penalties for FY 2019-20.
- Value
- ₹16.26 Cr
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JK Lakshmi Cement successfully appealed a ₹16.26 Crore GST demand from Chhattisgarh authorities. The appellate authority dropped all tax, interest, and penalties for FY 2019-20.
New India Assurance received a Rs. 4.27 Crore income tax penalty for AY 2017-18. The company plans to appeal, keeping the amount as a contingent liability.
LMW Ltd received a Rs.0.22 Crore penalty notice for an incorrect E-way bill on an export consignment. The company plans to appeal, with no material financial impact expected.
EPACK Durable received a Rectification Order reducing its tax demand from Rs. 29.03 Crores to Rs. 5.89 Crores. The company's appeal against the original demand remains pending.
JK Lakshmi Cement's GST appeal was allowed, setting aside a Rs. 16.26 Crore demand. The company faces no financial liability from this matter.
TeamLease has filed a writ petition in the Karnataka High Court against a GST penalty order. The company is challenging the order and seeking interim relief, with no material operational impact currently.
A subsidiary received a Rs. 0.01 Crore penalty from a court for a food safety violation. The company says the impact is not material and is evaluating next steps.
Gokul Agro Resources disclosed a Show Cause Notice alleging unlawful duty drawback totaling ₹52.99 Crore. The company asserts no financial liability yet and is preparing its response.
JK Tyre & Industries Ltd received a stamp duty penalty of ₹2 Crore (plus interest) from the Rajasthan Stamp Authority. The company intends to appeal the sanction.
Cummins India disclosed that the High Court has stayed the implementation of the labour order, leaving the dispute pending. No material financial impact is expected.
Crompton Greaves paid compensation and litigation expenses as directed by the consumer commission. The order has no material impact on the company's financials.
US federal court dismissed Natsoft's patent claims against Hexaware, finding them too abstract. The court granted plaintiffs time to amend, keeping the case active.
BCCL received fines totaling ₹0.15 Crore from BSE and NSE for non-compliance with board composition regulations. The company is seeking a waiver and pursuing director appointments.
BCCL received fines totaling ₹0.15 Crore from BSE and NSE for LODR non-compliance. The company seeks waiver citing government control over independent director appointments.
JK Tyre received a stamp duty order demanding Rs. 4 Crore in penalty and interest. The company plans to appeal, with no expected net financial impact.
IVP Ltd received a ₹136.82 Crore compensation and damages order from MBPT. The company plans to challenge the order via statutory appeal.
Naturewings Holidays received a GST demand of ₹0.66 Crore for FY 2022-23 to Dec 2024. The company will appeal, with no material financial impact expected.
ITAT allowed Styrenix's appeal, deleting a ₹4.38 Crore tax demand. This positive outcome removes a contingent liability from the company's books.
Delta Manufacturing resolved a GST scrutiny notice, discharging Rs. 0.02 Crore in tax and interest. The proceedings were dropped with no material operational impact.
Orchid Pharma received a Rs.1.67 Crore GST demand for an erroneously refunded amount. The company believes the order is unjustified and plans to appeal.
Devyani International's subsidiary Sky Gate Hospitality received a rectification order quashing a ₹5.95 Crore income tax demand. The tax liability has been fully resolved, removing a contingent risk.
Khandwala Securities received a SEBI administrative warning for regulatory non-compliance in a draft offer document. The company confirmed no material financial impact from this warning.
Bajaj Electricals received an appellate order reducing a GST demand to ₹0.93 Crore for FY 2018-19. The company is evaluating further legal remedies against the revised demand.
Voltas received a ₹0.16 Crore GST penalty for an expired E-Way Bill. The company is appealing, with no material financial impact.
Mafatlal Industries received a Rs.8.63 Cr. environmental compensation demand from CGWA for delayed NOC filing. The company is contesting the notice and does not expect material financial impact.
Saakshi Medtech responded to an NSE notice for delayed shareholding pattern filing, paying a Rs. 2,360 fine. The company has strengthened internal compliance to avoid recurrence.
BGR Energy received a modified GST demand order reducing the amount to Rs.21.05 Crore. The company plans to appeal, with no material financial impact expected.
Skipper Ltd updated that an appeal has been filed against the dropped GST demand. The company will file its objection within the stipulated time.
RBI imposed a ₹0.01 Crore penalty on Union Bank of India for inspection deficiencies. The bank has taken preventive measures to avoid recurrence.
Whirlpool of India paid a Rs.0.01 Crore compounding fee for packaging non-compliance. The matter is resolved with no further financial impact.