Eraaya Lifespaces Secures Judicial Protection against False Claims by Mr. Robin Raina
Eraaya Lifespaces Limited has secured comprehensive judicial protection against false claims and frivolous pleas filed by Mr. Robin Raina based on a forged document. The Hon’ble District Judge (Commercial Court), Delhi, has passed an order rejecting the Arbitration Plea filed by Mr. Raina and granting several interim reliefs in favor of the Company and its global subsidiaries operating under Ebix Inc. The litigation between the Company and Mr. Raina emanates from a disputed document, which the Company has consistently maintained to be forged and fabricated. The Hon’ble Court has restrained and injuncted Mr. Raina from seeking or pursuing any reliefs, remedies, or proceedings of any nature founded upon or arising out of the disputed document.
Key Highlights
- Eraaya Lifespaces Limited secures comprehensive judicial protection against false claims and frivolous pleas filed by Mr. Robin Raina based on a forged document.
- The Hon’ble District Judge (Commercial Court), Delhi, has passed an order rejecting the Arbitration Plea filed by Mr. Raina and granting several interim reliefs in favor of the Company and its global subsidiaries operating under Ebix Inc.
- The disputed document, which the Company has consistently maintained to be forged and fabricated, is the basis of the litigation between the Company and Mr. Raina.
- The Hon’ble Court has restrained and injuncted Mr. Raina from seeking or pursuing any reliefs, remedies, or proceedings of any nature founded upon or arising out of the disputed document.
Price Impact