CP Capital LimitedCPCAPNSE
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
As filed · CP Capital Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactCP Capital Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company. Guarantee of Rs. 54.22 lakhs by RSLDC and recovery of outstanding amount of Rs. 100.00 lakhs. against claim amount of Rs. 159.19 lakhs and also awarded Rs. 8 lakhs towards cost of litigation.
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%