Legal18 Feb 2026, 04:30 pm
Civil Suit Filed Against Yajur Fibres Ltd by National Jute Board
AI Summary
A civil suit has been filed against Yajur Fibres Ltd by the National Jute Board before the Hon’ble High Court at Calcutta. The suit, which was initially dismissed and then refiled, alleges wrongful subsidy claims by the company. The expected financial implications cannot be determined at this stage as the matter is still under consideration. The principal amount of the claim stands at Rs. 1,02,43,393/- plus interest amounting to Rs. 2,52,61,748.14/-.
Key Highlights
- A civil suit has been filed against Yajur Fibres Ltd by the National Jute Board.
- The suit alleges wrongful subsidy claims by the company.
- The matter is currently pending before the Hon’ble High Court at Calcutta.
- The principal amount of the claim is Rs. 1,02,43,393/- plus interest amounting to Rs. 2,52,61,748.14/-.
- The expected financial implications cannot be determined at this stage.
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