Announced Wed, 17 Jun · 18:04 IST
Civil suit filed for recovery of Rs.54.26 lakh from land sellers
Regulatory & Legal View source PDF
Price
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₹49.00
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AI summary
Jungle Camps India filed a civil suit in Rajnagar, Chhatarpur against four land sellers to recover Rs. 54.26 lakh. The company bought 5.05 hectares in Shivrajpur, MP in Oct 2025 for Rs. 1.79 crore plus Rs. 8.81 lakh stamp duty. Sellers allegedly hid a pre-existing dispute. Company already received Rs. 1.34 crore back via High Court order and filed a police complaint in Dec 2025.
Likely market impact
Company is plaintiff seeking recovery of Rs.54.26 lakh; partial amount already recovered. Limited direct impact on shareholders.