
Legal21 Jul 2026, 05:10 pm
Bihar Sponge Iron Files Complaint Under Negotiable Instruments Act
AI Summary
Bihar Sponge Iron Limited has filed a complaint (Case No. 461 of 2026) under Section 138 read with Section 142 of the Negotiable Instruments Act, 1881. The complaint has been filed before the Sub-Divisional Judicial Magistrate at Chandil, Seraikela-Kharsawan. The action is taken against Mr. Manoj Kumar Agarwal & Ors. concerning the dishonor of cheques issued by them, which were meant to discharge their liability towards the company. This disclosure is made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights
- Company filed a legal complaint regarding dishonored cheques.
- Action taken under Negotiable Instruments Act, 1881.
- Complaint filed against specific individuals and entities.
- Disclosure made as per SEBI LODR Regulations, 2015.
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