ALFA Filings
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The Customs Department's appeal against Prostarm Info Systems Limited has been dismissed as withdrawn by CESTAT Mumbai. The litigation involved a disputed amount of ₹25.66 Crore.
Prostarm Info Systems disclosed the voluntary strike off of EV Swapping Private Ltd, a promoter‑group company. The company says the event has no material impact.
Prostarm Info Systems Limited received intimation that the Customs Department filed an appeal before the CESTAT, Mumbai, against a prior order. The original order had confirmed no liability for a disputed amount of ₹25.66 Crore. The company is currently evaluating its further course of action regarding this litigation update.