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NSE · Source: NSE
| Party | Matter | Amount | Status | Pages |
|---|---|---|---|---|
| Emmvee Photovoltaic Power Limited | Three recovery proceedings initiated by the Company for dishonour of cheques under Section 138 of the Negotiable Instruments Act; in one proceeding a writ petition has also been filed against the Company. | Rs 3.83 million aggregate, to the extent ascertainable | Pending at various stages of adjudication; the related writ petition is also pending | 358 |
| Emmvee Photovoltaic Power Limited versus Bundelkhand Saur Urja Limited | The Company filed an application before NCLT Allahabad to initiate corporate insolvency resolution proceedings in relation to unpaid consideration for PV modules supplied for a 65 MW solar project. | Rs 201.96 million outstanding from total invoiced amount of Rs 276.96 million after receipt of Rs 75.00 million | Pending | 358 |
| Emmvee Energy Private Limited versus Manjunatha G. | Complaint relating to dishonour of a cheque issued to refund an advance paid for proposed acquisition of land parcels. | Rs 30.00 million | Pending before the XXXVI Additional Chief Metropolitan Magistrate, Bengaluru | 359 |
| Emmvee Photovoltaic Power Limited and Emmvee Photovoltaic Power Private Limited Karmikara Sangha | Review proceeding arising from the Company's application under the Industrial Disputes Act seeking permission to retrench 100 out of 125 workmen at Unit I. The Labour Commissioner accepted the Company's application, after which the Union filed for review. | — | Review application pending | 358 |
| Item | Amount | Pages |
|---|---|---|
| Service tax matters under appeal as claims against the Group not acknowledged as debt | Rs 4.20 million as at March 31, 2025 | 311 |
| Customs duty matters under appeal as claims against the Group not acknowledged as debt | Rs 80.65 million as at March 31, 2025 | 311 |
| Goods and service tax including value added tax matters under appeal as claims against the Group not acknowledged as debt | Rs 107.99 million as at March 31, 2025 | 311 |
| Corporate guarantee provided by the Holding Company to Customs authorities for EPCG licences obtained by Emmvee Energy Private Limited | Rs 381.70 million outstanding as at March 31, 2025 | 311, 314 |