High Court Disposes Commercial Appeal in Pritish Nandy Communications Litigation
Pritish Nandy Communications Ltd. has reported that the Honorable High Court of Judicature at Bombay disposed of a commercial appeal concerning a litigation involving Mr. Sanjay Gupta, Proprietor of White Feather Films. The disposal of the appeal followed the execution and filing of Consent Terms by both parties.The High Court issued the order on April 21, 2026, which was uploaded on April 23, 2026, at 11:35 am. The settlement brings finality to the prolonged litigation, which was filed as Commercial Appeal (Lodging) No.9838 of 2026.
According to the details, the original claim stood at Rs 3.52 crore plus interest (decretal amount). Through the settlement formalized by the Consent Terms, the Company is expected to receive a lump sum net amount of Rs 2.55 crore within 60 days. The Company stated that this settlement is expected to have a positive impact on its financial position, with no material adverse impact on its operations or other activities.
The key details regarding the dispute and the order received from the Honorable High Court of Judicature at Bombay are outlined below:
| Particulars | Details |
|---|---|
| Opposing Party | Mr Sanjay Gupta, Proprietor of White Feather Films (as Appellant) |
| Authority | Honorable High Court of Judicature at Bombay |
| Appeal Details | Commercial Appeal (Lodging) No.9838 of 2026 |
| Order Summary | The High Court accepted the Consent Terms signed by both parties and issued an Order accordingly. |
| Original Claim | Rs 3.52 crore plus interest (decretal amount) |
| Settlement Amount | Lump sum net amount of Rs 2.55 crore (payable within 60 days) |
| Violation Status | There was no violation or contravention committed or alleged to be committed by both the parties. |
PNC Stock Price Movement
Shares of Pritish Nandy Communications Limited today slipped by 0.46% to close at ₹21.5. The stock saw relatively light activity, trading on a volume of 6,024 shares during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.