Coral Laboratories Ltd
Coral Laboratories Contests ₹2.05L MSMED Claim ⚖️
- Notice received under Section 18 of the MSMED Act, 2006 for a claim of ₹204,853.20 (including principal and interest)
- Claim filed by M/s Power Cool Service alleging non-receipt of payments and contractual issues
- Dispute relates to project execution matters including scope, billing, and contractual issues
- Company believes claims are not tenable and will contest them legally
- Currently reviewing the matter and evaluating potential financial impact