I G Petrochemicals updates on favourable Supreme Court decision

Image
Capital Market
Last Updated : Sep 18 2015 | 7:28 PM IST

Absolves contingent liabilities to the extent of Rs 75.30 crore

I G Petrochemicals announced that the Catalyst case pending before the Supreme Court has been decided in the Company's favour. This absolves the Company of the contingent liabilities related to Excise and Customs duties to the extent of Rs. 75.30 crore pending before the Supreme Court, disputes in appeals and show cause notices received from the concerned departments.

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 18 2015 | 6:08 PM IST

Next Story