RED HERRING PROSPECTUS Dated August 24 ... - Globus Spirits

ecovery of the amount of
cess payable has been
stayed on a bank guarantee
given by M/s. Associated
Distilleries Ltd. in
accordance with the order of
the Court.
2. M/s. Associated
Distilleries Ltd.
Vs.
State of Haryana &
Others
Additional District and
Sessions Judge (Fast
Track), Hisar.
Associated Distilleries Ltd.
has laid down PVC pipeline
through Public Works
Department / Forest Land
for carrying its trade
effluent in the fields.
The pipelines were
dismantled by the Public
Works Department.
Associated Distilleries Ltd.
has filed a suit against
removal of its PVC Pipelines
against the Public Works
Department.
Can’t be
quantified.
N/A
Next hearing
is fixed on
November
16, 2009 for
arguments on
the
application
for
amendment
of plaint by
the parties.
.
3. M/s. Associated
Distilleries Ltd.
Vs.
Haryana State
Pollution Control Board
(HSPCB)
Appellate Committee
constituted under the
Water (Prevention and
Control of Pollution)
Cess Act, 1977 and
Rules
made
thereunder.
Member Secretary /
Assessing Authority, HSPCB
issued an order on
27.6.2001 for recovery of
Cess for the period 1.5.1997
to 14.6.2001 under Water
(Prevention and Control of
Pollution) Cess Act, 1977 on
M/s. Associated Distilleries
Ltd.
M/s. Associated Distilleries
Ltd appealed against
issuance of orders for
recovery on the grounds
that the cess assessment
was incorrect and the cess
verification was done
without complying with the
provisions of the Act.
Rs. 2,71,498
/- as Cess.
In case of an
adverse decision,
Associated
Distilleries will
have to pay the
whole amount of
cess.
Next hearing
is fixed for
arguments by
the parties.
Date will be
fixed later.
(b)
Writ Petitions
Sl.
No.
Parties/
Case no. /
Court
4. Associated Distilleries
Ltd.
Vs.
State of Haryana & The
Prohibition and Excise
Commissioner, Haryana
C.W.P 11641 OF 1997
Particulars of the Case
A notification under Section
57A of the Punjab Excise
Act, 1914 was issued by
the Commissioner and
Secretary, Prohibition and
Excise on 21.3.1995
whereby the condition of
use of old and new quart
sized bottles in the ratio of
50:50 was laid for the
packaging of liquor.
Amount
Involved
Rs. 27,63,894 /-
of penalty
Financial or
other
impact on the
Company in
case of an
adverse
decision
In case of an
adverse decision,
Associated
Distilleries will
have to pay the
whole amount of
penalty.
Present
Status
Final
Arguments
have been
completed
and the
Case has
to come
for final
hearing.
Date to be
fixed later.
203