Legal23 Jun 2026, 04:50 pm
Manali Petrochemicals: High Court grants interim stay on order
AI Summary
Manali Petrochemicals Ltd has filed a Writ Appeal before the Hon'ble Madras High Court against a previous order. The company has received an order dated June 15, 2026, from the Division Bench, granting an interim stay on the said order, subject to certain conditions. The matter is scheduled for further hearing, and the company's legal counsel is actively assessing implications and advising on next steps. Further updates will be provided as material developments occur.
Key Highlights
- Company filed a Writ Appeal against a High Court order.
- Division Bench granted an interim stay on the order.
- Stay is subject to compliance with court-directed conditions.
- Legal counsel is assessing implications and advising on next steps.
- Further updates will be provided on material developments.
Price Impact
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