Legal1 Sept 2026, 06:50 pm
Voltas Wins Qatar Court Case Against OHL&C
AI Summary
Voltas Ltd has received a favorable order from the Court of Cassation, Qatar, dismissing an appeal filed by OHL International, Spain, and Contrack (Cyprus) Limited (OHL&C). This upholds a previous Court of Appeal order directing OHL&C to pay outstanding amounts and compensation to the Kentz-Voltas Consortium (KVC) and return bank guarantees to Voltas. The company has already initiated execution proceedings and is pursuing recovery of awarded amounts. This legal victory confirms Voltas's position in the ongoing dispute.
Key Highlights
- Qatar Court of Cassation dismisses OHL&C's appeal, upholding prior order.
- OHL&C ordered to pay outstanding amounts and compensation to Voltas.
- Bank guarantees to be returned to Voltas; execution proceedings initiated.
- Voltas is actively pursuing recovery of awarded amounts.
- Confirms Voltas's favorable legal standing in the dispute.
Price Impact
More from VOLTAS