Micropro Software Solutions Limited — Others, 30-01-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
30-01-2025 | 10:42 am
30-01-2025 | 10:42 am
Micropro Software Solutions Limited has announced that the Micro and Small Enterprises Facilitation Council in Nagpur ruled in the company’s favor regarding a pending litigation against Jiwaji University for an outstanding claim of ₹ 60.21 crore, along with interest due to delayed payment. This favorable ruling not only strengthens the company's financial health by securing this amount but also reflects effective legal management. Investors may view this outcome positively, as it minimizes potential cash flow risks while enhancing the company's credibility in managing its receivables.
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