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KPIT Technologies update on lawsuit filed by Copart

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In an update to the lawsuit filed by (Copart) against Consulting Inc. (Sparta), Infosystems Inc. and Technologies, the company announced that post the verdict, both and Copart raised several issues for the Court.

The Court has given a ruling on some of the issues, as a result of which Sparta's net liability has been reduced from approximately $16M to approximately $8M. The ruling on other issues is still awaited. would have a further right to appeal the Court's Order

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, September 14 2018. 18:50 IST
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