Autoline Industries Ltd
Autoline Industries Receives US Court Judgment Over Unpaid Settlement 💼
- Judgment issued by Oakland County Circuit Court, Michigan on February 18, 2026
- Related to a 2017 settlement agreement for USD 1,700,000
- USD 1,230,000 already paid, leaving USD 470,000 unpaid
- Court awarded USD 1,037,903.38 plus 6% simple annual interest and 0.50% monthly compounded default interest
- Judgment not directly enforceable in India as Michigan is a non-reciprocating territory
- Company analyzing judgment and planning further strategy