Ganesh Benzoplast Limited and its subsidiary GBL Chemical secured a significant legal win.

Ganesh Benzoplast LimitedGANESHBE · Filed with the exchange

A court granted an interim injunction against unauthorized loan transactions of 7.03 Cr, falsely naming the companies as borrowers using forged documents.

The court restrained parties from acting on these forged documents and ordered CIBIL to restore GBL Chemical's credit score to its original level, mitigating adverse impacts from the fraud.

No financial penalties are expected from this resolution, reinforcing the company's position.

Read the original filing(PDF)

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