Action(s) initiated or orders passed by the Securities Appellate Tribunal (SAT), Mumbai
As filed · North Eastern Carrying Corporation Limited has informed the Exchange about Action(s) initiated or orders passed by the Securities Appellate Tribunal (SAT), Mumbai
RegulatoryWatchNotablemateriality 61 out of 100
What happened
FactNorth Eastern Carrying Corporation Limited has informed the Exchange about Action(s) initiated or orders passed by the Securities Appellate Tribunal (SAT), Mumbai. Appellate Tribunal (SAT). inform that the Hon’ble Securities Appellate Tribunal (SAT) has passed an order in Appeal.
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%