Legal18 Jun 2026, 05:30 pm
DCW Ltd to Contest Port Authority's Demand for Interest and GST
AI Summary
DCW Ltd has received a letter from V.O. Chidambaranar Port Authority demanding lease rent along with interest and GST up to April 30, 2026. The company plans to contest the demand for interest and GST, citing a Madras High Court order from November 6, 2025, which they believe does not permit the levy of interest. DCW Ltd will submit a formal reply to the Port Authority. The company is also making this information available on its website.
Key Highlights
- DCW Ltd received demand for lease rent, interest, and GST from Port Authority.
- Company will contest the demand for interest and GST.
- Legal assessment suggests the demand for interest is not supported by court order.
- DCW Ltd will submit a reply to the Port Authority.
- Information is also available on the company's website.
Price Impact
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