
Legal3 Nov 2026, 06:43 pm
Bombay HC Appoints Arbitrator for Allied Blenders Disputes
AI Summary
Allied Blenders and Distillers Ltd has informed the stock exchanges about the appointment of Justice S. C. Gupte (Retired) as the Sole Arbitrator by the Hon'ble Bombay High Court. This appointment is to adjudicate disputes and differences between the company and an applicant, Mr. Alok Gupta, concerning an Employment Agreement and resultant claims. The communication regarding this was received on November 2, 2026. The company stated that there are no financial implications at present and the matter is not expected to have a material impact on its financial position. The quantum of claims is also not ascertainable at this stage.
Key Highlights
- Bombay High Court appointed Justice S. C. Gupte as Sole Arbitrator.
- Arbitration concerns disputes with applicant Mr. Alok Gupta.
- Disputes relate to an Employment Agreement and resultant claims.
- No material financial impact expected on the company currently.
- Quantum of claims is not ascertainable at present.
Price Impact
More from ABDL