Emami Paper Mills Secures Extended Court Order Halting Arbitration Proceedings Until December 2025
The Calcutta High Court has extended its interim order restraining arbitration proceedings against Emami Paper Mills until December 24, 2025, or until further orders. The order prevents defendants from proceeding with arbitration before the London Maritime Arbitrators Association (LMAA) or taking additional steps against the company in these proceedings. Emami Paper Mills stated that this court decision does not impact its financial operations or daily activities materially. This extension provides temporary legal relief amid ongoing arbitration, though the final resolution remains pending. Investors are advised to monitor updates cautiously as the outcome may affect the company's long-term operations and financial health. Emami Paper Mills continues its paper manufacturing operations while managing legal risks effectively.
GOVERNMENT REGULATION/LAWSUITS
Jino John
9/24/20251 min read