IVP Legal & Regulatory
IVP Limited reported a legal update regarding a previously disclosed Rs. 6.13 Crore employee fraud. The accused has filed a Writ Petition against the company's FIR.
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IVP Limited reported a legal update regarding a previously disclosed Rs. 6.13 Crore employee fraud. The accused has filed a Writ Petition against the company's FIR.
IVP Ltd disclosed that the accused in its employee fraud case filed a Writ Petition against the company's legal proceedings. No monetary impact is indicated.
The Bombay High Court ruled in favor of IVP Ltd, quashing retrospective rent demands by the Mumbai Port Authority up to March 31, 2024.
The City Civil Court, Mumbai, quashed the Estate Officer's order against the company. The matter is now remanded back for fresh adjudication by the Estate Officer.
IVP Ltd filed an appeal against an MBPT order, which the City Civil Court stayed. This legal update is disclosed per SEBI Regulation 30.