New Delhi Television Limited — Others, 21-08-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
21-08-2025 | 09:18 pm
21-08-2025 | 09:18 pm
New Delhi Television Limited (NDTV) has provided an update on ongoing litigation. The Delhi High Court recently quashed an Enforcement Case Investigation Report (ECIR) dated August 7, 2017, which was previously challenged by the company's promoter entity. This development follows a CBI closure report, accepted by a lower court, which found no criminality. The High Court's decision significantly reduces the legal burden stemming from these past investigations. The Enforcement Directorate retains the ability to revive the ECIR only if the CBI's closure report is later overturned by a higher court, providing a crucial clarity point for shareholders.
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