Favorable Court Order for Release of Funds in Dispute with Paradip Port Trust
As filed · Surana Solar Limited has informed the Exchange about Favorable Court Order for Release of Funds in Dispute with Paradip Port Trust.
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactSurana Solar Limited has informed the Exchange about Favorable Court Order for Release of Funds in Dispute with Paradip Port Trust. Phiroze Jeejeebhoy Towers,. Regulations, 2015 — Favorable Court Order for Release of Funds in Dispute with Paradip Port.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
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%