Company Disclosures › Sub-category
Company-specific Legal Dispute
39 articles
Legal and regulatory challenges are impacting a diverse range of Indian companies. Amprius Technologies faces fraud allegations and scrutiny over financial reporting, while HCL Infosystems navigates an arbitration appeal despite a favorable award. Elsewhere, Krsnaa Diagnostics is contesting a tax demand, and Suraksha Realty lost an appeal regarding a preferential transaction under the Insolvency and Bankruptcy Code. These developments, alongside court hearings involving Bokahola Tea, Heavy Engineering Corp, and others, highlight increased legal risks and potential financial impacts for businesses across sectors, underscoring the importance of robust compliance and risk management practices for investors.
Amprius Shares Drop >5% Amid Fraud Allegations
Amprius Technologies' stock fell over 5% on May 20, 2026 after Manatee Research accused the firm of fraud.
The report alleges exaggerated orders, disclosure irregularities, and fraudulent partners inc
HCL Infosystems FY26 Revenue Rs 2,161 Lakhs
HCL Infosystems reported FY26 revenue of Rs 2,160.86 lakhs with increased loss before tax of Rs 3,130.66 lakhs.
Company received favorable Rs 10,281 lakh arbitration award in UIDAI case but customer h
NCLAT Remands Jaikrishan Estates Insolvency Appeal
NCLAT remands case to NCLT to determine if ₹6.86 crore director advance constitutes financial debt under IBC.
Appellant claims interest-free loan of ₹6.86 crore was acknowledged in corporate debtor's
Krsnaa Diagnostics Rs 11.3 Crore Tax Demand
Krsnaa Diagnostics discloses Rs 11.3 crore tax demand from Income Tax Department for AY 2018-19 and 2019-20.
Company received assessment orders and demand notices from Assistant Commissioner of Income
Shah Metacorp Secretarial Auditor Resigns Effective May 2026
Shah Metacorp Limited intimates exchanges of Secretarial Auditor M/s K Jatin & Co.'s resignation effective May 20, 2026.
Resignation reason cited is auditor's inability to devote requisite time and at
Heavy Engineering Corp Payment Order May 25
Supreme Court heard petition by Gajendra Kumar Singh against Heavy Engineering Corporation Ltd. on 20‑05‑2026.
Court ordered Director (Personnel) Krishnendu Kumar Ghosh to make full payment by 10:30 a
DOMS Industries Receives ₹46.72 Lakh Customs Order
DOMS Industries received a final customs order demanding ₹13.36 lakh GST, ₹13.36 lakh penalty, and ₹20 lakh fine.
The order upholds a prior ruling on alleged goods misclassification during imports, mo
Bokahola Tea Co. SLP Petitions Listed
Supreme Court heard SLP petitions (Nos. 7233‑7234/2026) filed by Manash Kamal Bezboruah against Bokahola Tea Co. Private Ltd.
The petitions arise from impugned Gauhati High Court judgments dated 02‑Se
HSIIDC SLP Petitions Deferred by Supreme Court
Supreme Court heard multiple SLP petitions (Nos. 4744‑4767/2026) filed by Attar Singh against HSIIDC and others.
The matters stem from High Court judgments dated 14‑Oct‑2021 and 25‑Nov‑2021 concerning
Databit vs Red Fort Finance: SC Listing
Supreme Court heard SLP (Civil) No. 10996/2026 filed by Databit Technologies Pvt Ltd & ors against Red Fort Capital Finance Pvt Ltd.
The petition seeks condonation of delay in refiling, exemption from
Bharat Coking Coal SL Petition Adjourned
Supreme Court heard SL Petition No.60349/2025 filed by Bharat Coking Coal Ltd versus Ramakant Roy & Ors on 18‑May‑2026.
The petition arises from a High Court judgment dated 27‑May‑2025 in SA No.382/20
Max Healthcare Faces NCLT Petition Over Kalinga Hospital
Max Healthcare discloses an NCLT petition filed by BRS Capital Two alleging oppression and mismanagement at subsidiary Kalinga Hospital Ltd.
The petition was heard on May 19, 2026, and the matter has
Kalindi Bright Steels SC Appeal Adjourned
Supreme Court heard Civil Appeal No.1179/2025 filed by Kalindi Bright Steels and Tubes Ltd against Ghaziabad Development Authority on 19 May 2026.
The bench of Justices Aravind Kumar and Prasanna B. V
Suraksha Realty NCLAT Appeal Dismissed on Preferential Transaction
NCLAT dismissed Suraksha Realty's appeal against NCLT order declaring its mortgage as preferential transaction under IBC.
Mortgage deed executed in July 2021 secured 2014 debt, improving creditor posi
Harish Textile Settles Marudhar Refractories Dispute
Harish Textile Engineers settled a pre-institution mediation with Marudhar Refractories by paying ₹1.05 lakh.
The company received confirmation on May 18, 2026, that no outstanding dues remain payable
T.V. Today Wins ₹13.98 Cr Tax Appeal at ITAT
T.V. Today Network discloses favorable ITAT order dismissing Income Tax Department appeal for AY 2018-19.
ITAT ruled in company's favor on all grounds involving total disputed amount of ₹13.98 crore.
Black Rose Industries Gets Permanent GPCB Closure Revocation
Gujarat Pollution Control Board permanently revoked closure directions for the company's Jhagadia plant.
The revocation was issued under Section 33-A of the Water Pollution Act, 1974 via letter dated
Godfrey Phillips Receives ₹100 Crore Insurance Payout
Godfrey Phillips India received ₹100 crore insurance payment for fire damage at third-party tobacco facility.
Fire occurred at tobacco processing plant and warehouse in Prakasam, Andhra Pradesh affect
Apollo Ingredients SAT Appeal Dismissed as Withdrawn
Apollo Ingredients discloses SAT order dismissing its appeal against BSE's fine waiver rejection.
SAT permitted BSE to collect ₹2.06 lakh plus interest from company's deposit.
The order has no materia
DMCC Receives ₹1.06 Crore GST Demand Appeal Order
DMCC Speciality Chemicals discloses receipt of an appellate order dated April 27, 2026, related to a GST dispute.
The Additional Commissioner (Appeals) set aside a prior order and upheld a demand of ₹
Orbis Trusteship SC Order on Counter Affidavit
Supreme Court hearing Civil Appeal No.3359/2026 involving Orbis Trusteship Services Pvt Ltd and Harvinder Singh Sikka.
Court noted Respondent filed a counter affidavit not on record and directed regis
Gokul Lamp Works Ordered to Resubmit Accounts
Supreme Court heard Misc. Applications 833‑835/2026 in Appeals 2189‑2191/2025 on 18‑May‑2026, involving Gokul Lamp Works Pvt Ltd and Mysore Lamp Works Ltd.
Court found applicant's Statement of Account
W.S. Industries Insider Trading Probe Finds Zero Notional Gain
W.S. Industries discloses outcome of insider trading examination regarding Renaatus Procon's 2,000 share purchases during trading window closure.
Computation using 18th May 2026 benchmark date shows n
Ambery Iron SL Dismissed After 1445-Day Delay
Supreme Court dismissed Ambery Iron Pvt. Ltd.'s Special Leave Petition, citing 1445‑day delay in refiling.
Applications for condonation of delay and exemption from filing certified copy of the impugne
Ramco Cements ₹66.65 Crore Excise Duty Dispute Dropped
The Ramco Cements disclosed a favorable order dropping a ₹66.65 crore excise duty dispute related to MRP-based levy for bagged cement.
The order was issued on 15th May 2026 and received by the company
Sagility Income Tax Demand Reduced to ₹56.68 Crore
Sagility received a rectification order reducing its income tax demand for AY 2023-24 from ₹100.00 crore to ₹56.68 crore.
The demand stems from transfer pricing adjustments of ₹189.50 crore made by th
John Cockerill India Q4 Net Profit ₹700.68 Lakh
Board approved unaudited Q4 FY26 standalone net profit of ₹700.68 lakh and EPS of ₹14.19.
Company acquired 100% of John Cockerill Metals International SA for €29.67 million to become global metals hol
Parihar Construction SLP Dismissed by Supreme Court
Supreme Court dismissed the Special Leave Petition filed by M/S Parihar Construction against State of Madhya Pradesh, upholding the High Court order dated 12‑01‑2026.
The petition (C) No. 16721/2026 s
Adani Green US DOJ Dismissal Motion Update
Adani Green Energy discloses US DOJ motion to dismiss criminal indictment with prejudice against key directors.
The motion seeks complete dismissal barring future prosecution for same allegations agai
Eveready Faces ₹7.11 Crore Court Damages Order
Eveready discloses a court order mandating payment of ₹7.11 crore in damages to UCO Bank for alleged unauthorized occupation.
The order relates to proceedings over 5,471 sq. ft. of space at a building
NCLT Stays American International Health EOGM Resolution
NCLT Jaipur issues interim order restraining American International Health Management from acting on resolutions passed in its 18.05.2026 EOGM.
Petitioner alleges company defied tribunal orders by not
NCLT Rejects Bank of Baroda's Personal Guarantor Insolvency Plea
NCLT Jaipur Bench rejects Bank of Baroda's Section 95 application against personal guarantor Amit Prakash Gupta for ₹192.92 crore debt.
Tribunal finds Financial Creditor failed to establish valid invo
EIH Associated Hotels Wins Full Tax Penalty Appeal
EIH Associated Hotels discloses favorable CIT(A) order deleting entire income tax penalty demands.
The appeal successfully challenged penalties of ₹27.8 lakh for FY17 and ₹11.98 lakh for FY18.
Regulat
Bharat Coking Coal High Court Petition Withdrawn
Bharat Coking Coal discloses withdrawal of Criminal Miscellaneous Petition No. 3720 of 2017 before Jharkhand High Court.
The petition sought quashing of a 1998 magistrate order related to non-implemen
NCLT Stays M.D Hygiene EGM Amid Shareholder Dispute
NCLT Ahmedabad issues interim order staying M.D Hygiene Pvt Ltd's Extraordinary General Meeting scheduled for June 1, 2026.
Applicant Nareshkumar Gondaliva, a 15% shareholder and director, seeks board
Transindia Real Estate Receives ₹3.12 Lakh Tax Demand
Transindia Real Estate received an Income Tax Assessment Order dated April 28, 2026, for the block period from April 2018 to April 2025.
The order, under Section 143(3) read with Section 158BC(1)(c),
JK Cement Receives ₹8.02 Lakh GST Demand Order
JK Cement discloses receipt of GST demand order for ₹8.02 lakh plus interest and penalty from Gujarat tax authorities.
The company received the order on May 17, 2026, alleging wrong availment of input
NCLT Admits SBI Insolvency Petition Against India Power
NCLT Hyderabad admits Section 7 IBC petition filed by State Bank of India against India Power Corporation Ltd as corporate guarantor for Meenakshi Energy's default.
Corporate Debtor contested petition
KPT Industries Promoter Sells Shares Without Pre-Clearance
KPT Industries discloses promoters Mrs. Nirmala Dilip Kulkarni and Mr. Dilip Arvind Kulkarni sold shares without obtaining mandatory SEBI pre-clearance.
Promoter holding reduced from 1,27,012 shares (