APR Constructions Limited - Saffron Capital

PART 2: LITIGATION RELATING TO OUR COMPANY
A) Filed against our Company
1. Litigation Involving Civil Laws:
Sr.
No
1.
Proceedings Court Parties Facts of the Case Amount and
status of the
Proceedings
OS.
No.925/2009
Court of
District
Munsif
Madurai,
Tamilnadu
State
Mr. R. Pravin
Krishna
(Plantiff) Vs.
Mr. M Krishna
Moorthy and 13
others(Compan
y is twelfth
defendent)
(Defendents)
The suit is filed by the Plantiff against
the defendents before the Court of
District Munsif Madurai, Tamilnadu
State. The matter relates to the disputes
amongst the partners of KS & Company
and the defendants 5 to 14 are shown
only as a formal parties apprehending
that they may enter into agreements with
KS and Co and its partners.
Amt.:
There is no
financial
implication.
Status:
Next date of
hearing is
April 26,
2011.
2. Litigation Involving Criminal Laws: NIL
3. Litigation Involving Securities and Economic Laws: NIL
4. Litigation Involving Statutory Laws:
Income Tax proceedings
There are no Income tax proceedings against our Company.
Sales Tax proceedings / Proceedings under the Entry Tax Act/VAT/ Service Tax Proceedings
Sr.
No
Proceedings Court Parties Facts of the Case Amount and
status of the
1. SP – 36/09
(ST-15/09)
Customs,
Excise &
Service
Tax
Appellate
Tribunal,
Kolkata
APR
Constructions
Ltd (Appellant)
&
Commissioner
of Central
Excise and
Service Tax,
Patna
(Respondent)
Appellant filed Appeal No.15/2009
before the Customs, Excise & Service
Tax Appellate Tribunal at Kolkata u/s.86
of the Finance Act. In the appeal, the
Appellant challenged the order dated
October 30, 2008 in ST 20/2008 of the
Respondent by which a service tax of
`6,28,87,427.42 is imposed on the
Appellant alongwith penalty of
`12,57,74,854.84 under section 78 and
interest & other penalties under section
75, 76 and 77 of Finance Act, 1994. The
plea of the Appellant is that it is only a
Sub Contractor under the National
Building Construction Corporation
Limited (NBCC) and that the execution
of the work at Barh Super Thermal
Project in Patna, Bihar is entered and
executed at the instance of NBCC and
that the service tax if any, is liable to be
Proceedings
Amt.:
`18,86,62,282.
26 (Rupees
Eighteen crores
Eighty Six
lakhs Sixty
TwoThousand
Two Hundred
Eighty Two
and and Paise
Twenty Six
only) plus
other penalties
and interest
under section
75, 76 and 77
of the Finance
Act, 1994
Status:
184