Norris Medicines Ltd

Norris Medicines Ltd Wins Legal Appeal in Bombay High Court ⚖️

- Norris Medicines Ltd's Criminal Appeal No. 89 of 2020 was allowed by the Bombay High Court on 19 November 2025.

- The appeal challenged an order requiring a deposit of ₹1,32,92,359 with 18% simple interest under the MPID Act.

- The High Court ruled the order unsustainable due to the acquittal in MPID Special Case No. 3 of 2003.

- The deposit requirement was set aside as the original order was rendered infructuous.