Travel Food Services legal & regulatory announcements

Legal & RegulatoryTravel Food Services Ltd TRAVELFOOD

Travel Food Services Legal & Regulatory

Travel Food Services received a rectified tax demand reduced to ₹14.40 Crore from ₹40.20 Crore. The company believes it has strong merits for a further appeal.

Value

₹14.40 Cr

Legal & RegulatoryTravel Food Services Ltd TRAVELFOOD

Travel Food Services Legal & Regulatory

Travel Food Services Limited received a Delhi High Court order setting aside a 2022 arbitral award previously won against the Airport Authority of India. The court declared the arbitrator's appointment 'void ab initio', rendering the award a nullity. The company is evaluating legal options to safeguard its interests regarding its Goa Airport operations.