DELPHI WORLD MONEY LIMITED has informed the Exchange regarding a press release dated Jun 03, 2026, titled "Media Release titled Dwarka Commercial Court returns plaint; status Quo Order vacated; Delphi's consistent position on jurisdiction stands vindicated ".
DELPHIFX · price
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Delphi World Money Limited has informed the stock exchange about a press release relating to a commercial court order. The Dwarka Commercial Court has returned the plaint (declined to take it up) and vacated the earlier Status Quo Order against the company. The court has accepted Delphi's long-standing argument that the court does not have jurisdiction to hear the matter. This is being presented by the company as a vindication of its legal position.
Positive for shareholders - an unfavorable status quo order has been lifted and the underlying plaint has been dismissed, removing a legal overhang and reducing litigation risk for the company.