FilingReader Intelligence

Network18 loses Rs 31 crore stamp duty case

July 12, 2025 at 04:39 PM UTCBy FilingReader AI

Network18 Media & Investments lost a legal challenge against a Rs 30.77 crore stamp duty imposition related to a 2011 corporate restructuring.

The Delhi High Court disposed of the petition filed by TV18 Broadcast Limited, which later merged with Network18, saying it was not appropriate to adjudicate the issues at this stage.

The company can respond to future notices from Delhi's stamp duty collector and may file fresh legal challenges if needed.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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