Legal23 Sept 2026, 11:33 am
Supriya Lifescience gets court nod for provisional release of consignment
AI Summary
Supriya Lifescience Ltd has received a favorable order from the Hon'ble Court of Law for the provisional release of a 200 kg consignment of Ketamine Hydrochloride. The consignment, covered under Shipping Bill No. 3780061 dated June 2, 2026, will be released upon the company depositing ₹72 lakh with the Assistant Commissioner of Customs within one week. The court clarified that adjudication and criminal proceedings can continue as per law, and the concerned officer may follow procedures under Section 52A of the NDPS Act. The company is monitoring the situation and will provide further updates.
Key Highlights
- Court allows provisional release of 200 kg Ketamine Hydrochloride consignment.
- Release is subject to a ₹72 lakh deposit within one week.
- Adjudication and criminal proceedings may continue.
- Company to inform exchanges of further developments.
Price Impact
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