Quarterly Updates6 Mar 2026, 02:57 pm
Ambika Cotton Mills Ltd. Receives Balance 50% Demanded Charges Notice
AI Summary
Ambika Cotton Mills Ltd. has received a notice from the Superintending Engineer, Dindigul, regarding the balance 50% of deemed demand charges, including interest amounting to Rs. 18007822/-. The notice was received on 05.03.2026, pursuant to the common order dt. 12.12.2025 passed by Hon’ble Division Bench of Madras High Court in WA Nos.947 of 2019. The company has been asked to pay the amount on or before 12.03.2026. However, the company's SLP, filed by Tamilnadu Spinning Mills Association, is listed for hearing on 09.03.2026, and the matter will be dealt with in accordance with the orders of the Hon’ble Supreme Court.
Key Highlights
- Ambika Cotton Mills Ltd. received a notice from the Superintending Engineer, Dindigul, regarding the balance 50% of deemed demand charges, including interest.
- The notice was received on 05.03.2026, pursuant to the common order dt. 12.12.2025 passed by Hon’ble Division Bench of Madras High Court in WA Nos.947 of 2019.
- The company has been asked to pay the amount on or before 12.03.2026.
- The company's SLP, filed by Tamilnadu Spinning Mills Association, is listed for hearing on 09.03.2026.
- The matter will be dealt with in accordance with the orders of the Hon’ble Supreme Court.