Hindustan Copper Legal & Regulatory
Commercial Court granted HCL a conditional stay on the arbitration award against IVRCL Consortium. A 50% bank guarantee deposit is required before HCL's Section 34 hearing.
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Commercial Court granted HCL a conditional stay on the arbitration award against IVRCL Consortium. A 50% bank guarantee deposit is required before HCL's Section 34 hearing.
Hindustan Copper Ltd has been fined ₹0.29 Crore in total by BSE and NSE for non-compliance with board and committee composition regulations.
Hindustan Copper received a Rs.0.19 Crore fine for non-compliance with board composition norms. The company is seeking exemption while pursuing director appointments with the government.
Hindustan Copper received a reassessed water tax demand of ₹92.17 Crore from Jharkhand authorities. The company is evaluating the calculation and seeking a penalty waiver.
BSE and NSE imposed a total ₹0.19 Crore fine on Hindustan Copper for board composition non-compliance. The company is seeking a waiver from regulators.
Hindustan Copper Limited disclosed updates on 12 pending litigations and disputes as of May 2024. The cases involve various forums including the Supreme Court and High Courts, with aggregate financial implications and claims estimated at approximately ₹1,269.18 Crore. Key disputes include arbitration awards, tax demands, and contractual disagreements with vendors and municipal bodies.