Legal8 Jul 2026, 05:40 pm
IVP Ltd: Court Stays MBPT Order Pending Appeal Disposal
AI Summary
IVP Ltd has filed an appeal with the City Civil Court, Mumbai, against an order from the Estate Officer, Mumbai Port Authority (MBPA). The Hon'ble Court has issued an interim order dated July 07, 2026, staying the implementation, execution, and operation of the MBPA's order until the final disposal of the appeal. This development is in continuation of previous intimations regarding the MBPA order. Further updates will be provided as they occur.
Key Highlights
- IVP Ltd filed an appeal against MBPT order in City Civil Court, Mumbai.
- Court has stayed the implementation of the MBPT order.
- Stay is effective until the final disposal of the appeal.
- Company will provide further material developments.
- This is a legal development impacting operations.
Price Impact
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