Yash Textile Machines Pvt. Ltd v. Sona Selection India Ltd — MSME Samadhaan claim of ₹2.45 million before MSE Facilitation Council, Konkan-Thane
Sonaselection India IPO
Sonaselection India IPO is a mainboard IPO raising ₹142 Cr at ₹94 – ₹99 a share. The smallest application you can make is 150 shares, costing ₹14,850 at the top of the band. Bidding opens on 17 Sept 2026.
Bidding has not opened yet, so there is nothing to subscribe to.
populated partly populated we hold nothing here — the tab says why
What’s in court
The issuer’s own summary of outstanding legal proceedings — SEBI requires this table in every prospectus. Counts and amounts are as disclosed; the disclosed aggregate at stake is ₹0.4 Cr.
| Against | Criminal | Tax | Other material | Amount at stake |
|---|---|---|---|---|
| The company | 0 | 1 | 2 | ₹0.3 Cr |
| Promoters | 2 | 0 | 0 | ₹0.1 Cr |
| Directors | 0 | 0 | 0 | — |
| Subsidiaries | 0 | 0 | 0 | — |
| Group companies | 0 | 0 | 0 | — |
FIR No. 05/2015 (Bhopal) against Promoters Subhash Nuwal, Uma Nuwal, Harshil Nuwal and SMP Rajnikant Saraswat re: Starnet Breeding (IPC 420/467/471/120-B & Prize Chit Act); underlying dispute amicably settled for ₹1.08 million, awaiting formal closure
Direct tax proceeding against the Company — 1 case, amount ₹0.50 million (only quantified tax matter disclosed)
Mahendra Singh v. Sona Selection India Ltd — Industrial Dispute Act complaint alleging illegal termination; reinstatement and back wages sought before Labour-cum-Industrial Tribunal, Bhilwara (amount not stated)
Subhash Nuwal, Uma Nuwal, Harshil Nuwal & Rajnikant Saraswat v. State of MP (MCRC/49058/2018) — Sec 482 CrPC quashing petition before MP High Court for FIR No. 05/2015; pending
Original amounts stated in ₹ million; converted to ₹ crore at 1 crore = 10 million (divide by 10). Company amount (₹0.295 cr) = ₹0.05 cr tax + ₹0.245 cr MSME claim; Mahendra Singh ID Act claim amount not stated. Promoters amount (₹0.108 cr) = aggregate settlement paid to three complainants in FIR No. 05/2015; the quashing petition amount is not stated. Grand total ₹0.403 cr is arithmetic sum of stated amounts only — no aggregate is explicitly stated in the prospectus. Materiality threshold for disclosure = ₹10.95 million (₹1.095 cr). All directors (non-promoters), subsidiary and group companies have NIL criminal, tax and material civil/regulatory proceedings.. Outstanding means unresolved — a listed case is an exposure, not a verdict.
Source documents
What the issuer and the exchanges published. Everything else on this tab is read out of these.