Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
What happened
FactPendency of Litigation(s)/dispute(s) or the outcome impacting the Company. (ERSTWHILE EBIXCASH WORLD MONEY INDIA LIMITED). aspects of the matter, fixed 12 January 2026 as the next date of hearing, and further directed that the order.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
DelayedAccording to the World Travel & Tourism Council (WTTC) Economic Impact 2023 report, India’s Travel and Tourism GDP contribution grew by 5.9% and is projected to sustain an annual growth of 7.1% over the coming years.
By 2028, the sector is expected to contribute over US$ 512 billion to the GDP and support close to 53 million jobs by 2029 — underscoring its pivotal role in India’s economic development.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
- By 2028, the sector is expected to contribute over US$ 512 billion to the GDP and support close to 53 million (management committed by FY28)
- According to the World Travel & Tourism Council (WTTC) Economic Impact 2023 report, India’s Travel and Tourism (management committed by FY27)
Evidence
- DELPHI WORLD MONEY LIMITED has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company(opens the original filing in a new tab)
- Earlier statement · FY20
- Latest statement · FY20
- Earlier statement · FY20
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%