Legal26 Oct 2023, 03:40 am
GVK Power & Infrastructure Limited faces USD 2.19 billion judgment in Australian coal project case
AI Summary
GVK Power & Infrastructure Limited has received an order from the High Court of Justice Business and Property Courts of England and Wales Commercial Courts (England Court) crystalizing the amount payable by the defendants, including the company, at USD 2.19 billion, including interest, in relation to the Australian coal project. The company is awaiting the detailed judgment to evaluate the next course of action to be taken from its end.,
Key Highlights
- GVK Power & Infrastructure Limited faces USD 2.19 billion judgment in Australian coal project case
- The company has received an order from the High Court of Justice Business and Property Courts of England and Wales Commercial Courts (England Court) crystalizing the amount payable by the defendants, including the company, at USD 2.19 billion, including interest
- The company is awaiting the detailed judgment to evaluate the next course of action to be taken from its end