Bihar Sponge Iron Limited Files Complaint Over Dishonor of Cheques
Bihar Sponge Iron Limited has filed a complaint in connection with the dishonor of cheques issued by certain parties for the discharge of their liability toward the company.The legal action, which was initiated against Mr. Manoj Kumar Agarwal and others, pertains to the dishonored cheques provided by the accused. The filing centers on the debt owed by the individuals to Bihar Sponge Iron Limited.
The complaint has been lodged under Section 138 read with Section 142 of the Negotiable Instruments Act, 1881. The case was filed before the Sub-Divisional Judicial Magistrate at Chandil, Seraikela Kharsawan. The matter is documented as Complaint Case No. 461 of 2026.
Stock Price Movement
Bihar Sponge Iron Ltd settled at ₹12.51 on Tuesday, declining 3.02% from the previous close. The shares navigated a volatile day, trading between an intraday low of ₹12.10 and a high of ₹13.00.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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