StockWatch
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Coal
Legal6 Jul 2026, 06:20 pm

Bharat Coking Coal to deposit ₹39.8 Cr towards workmen litigation

AI Summary

Bharat Coking Coal Ltd has disclosed a material litigation concerning an award dated 08.06.2000 for regularizing 75 workmen. After a series of legal challenges, including dismissal of Special Leave and Review Petitions by the Supreme Court, the company was directed by the Jharkhand High Court to deposit arrears. A committee approved a deposit of ₹39,83,01,981.63 towards claims submitted. The total estimated financial involvement, including pending claims, is approximately ₹48,10,96,969.83. The matter is ongoing before the Jharkhand High Court.

Key Highlights

  • Company to deposit ₹39.8 Cr for workmen litigation arrears.
  • Total estimated financial involvement reaches ₹48.1 Cr.
  • Litigation pertains to a 2000 award for workmen regularization.
  • Matter is currently pending before the Jharkhand High Court.