Legal5 Nov 2026, 09:50 pm
TCI Express Faces ₹62 Cr Claim from Edutest Solutions
AI Summary
TCI Express Ltd has disclosed a litigation initiated by M/s. Edutest Solutions Private Limited. Edutest has filed a suit seeking ₹62,00,55,029 towards alleged losses and damages, which TCI Express deems baseless. The dispute arises from unpaid freight bills of approximately ₹2 crore for transportation services rendered by TCI Express. The company believes it has a strong case, intends to vigorously contest the proceedings, and does not anticipate any material financial impact at this stage.
Key Highlights
- TCI Express faces a ₹62 Cr claim from Edutest Solutions.
- The claim is for alleged losses, disputed by TCI Express.
- TCI Express has outstanding freight bills of approx. ₹2 Cr.
- Company expects no material financial impact and will contest.
Price Impact
More from TCIEXP