Singapore interim order affects Jindal Poly Films dispute
JINDALPOLY · price
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Jindal Poly Films disclosed that the Delhi High Court disposed of Project Holdings Fourteen (DIFC) Limited's request for interim arbitration relief on November 3, saying the contract offered other routes. On November 2, Singapore's High Court granted the investor an interim order restricting pursuit of the company's tribunal petition. JPFL Films and the company must preserve dispute records. No settlement or financial impact was stated.
The interim order may delay the company's tribunal case, keeping the dispute outcome uncertain. No settlement, liability or financial impact was disclosed.