ALFA Filings
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3 announcements with these filters
SEBI's Adjudicating Officer issued an order regarding the show-cause notice served to company directors. The authority concluded no allegations are sustainable and imposed no penalty.
Akash Infra Projects filed an execution petition against Ahmedabad Municipal Corporation to recover a ₹117.84 Crore arbitration award. Successful enforcement would significantly boost the company's liquidity.
Akash Infra Projects Limited received a court order upholding prior Arbitrator's Awards in a dispute with Ahmedabad Municipal Corporation. The Commercial Court rejected both the Corporation's plea to quash awards and the company's plea for higher compensation. No immediate financial implications were disclosed as the awards remained unchanged.