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HCL Infotech's Rs13.41cr 2019 arbitration award plus 18% interest and Rs20 lakh costs faces setback as Muzaffarpur District Judge allowed Uttar Bihar Gramin Bank's Section 34 plea on 16 Sept, citing missing termination finding and flawed interest reasoning; severable claims unaffected, appeal to Patna High Court planned.
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HCL Infosystems Supreme Court Dismisses ₹14.9 Crore Tax Demand Litigation
HCL Infosystems Faces High Court Appeal Over ₹312 Crore Tax Demand