Amiable Logistics (India) Limited — Important, 11-03-2025: General Updates

Amiable Logistics (India) Limited has received a show cause notice from the Customs Department related to multiple accounts where it acted as a custom house agent for various clients. The notice lists transactions involving stakeholders such as Welkin Metal Industries and Prakash Steelage Ltd., among others. The company asserts that it is not liable for the alleged infractions, emphasizing its role solely as an agent without any intent to commit wrongdoing. They are preparing a defense based on established legal precedent that suggests penalties cannot be imposed on customs brokers unless a direct link to the offense is established. Given the complexities of these legal matters, investors should monitor the situation closely for potential implications on the company’s operations and reputation in the logistics sector.