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Syschem (India) Limited has paid a full settlement of ₹1.25 Crore to Lotus Builders. The company is now moving to withdraw pending NCLT litigation.
Syschem (India) Limited received a court order to recover ₹0.56 Crore following a fraudulent fund transfer. The Judicial Magistrate directed the release of funds from identified accounts.
Syschem (India) Limited entered a ₹1.25 Crore settlement agreement with Lotus Builders to resolve NCLT proceedings. The parties will now withdraw all pending legal claims.