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SHIV-VANI OIL and GAS EXPLORATION SERVICES LTD. - Updates
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22 Apr 2014
Shiv-Vani Oil and Gas Exploration Services Ltd has informed BSE that:&lt;br/&gt;&lt;br/&gt;&quot;Citicorp International Limited has filed a case against Shiv-Vani Oil and Gas Exploration Services Ltd, in Supreme Court of Mauritius seeking reliefs of freezing the assets of our company including Shares in Subsidiary Companies and Injunction from disposing the assets of Company including Shares in Subsidiary Companies or creating any charge over the assets of our company including Shares in Subsidiary Companies. That on April 11, 2014 Supreme Court of Mauritius granted Exparte Injunction Orders in respect of the said reliefs and given time to Shiv-Vani Oil and Gas Exploration Services Limited to file its Reply by May 30, 2014.&lt;br/&gt;&lt;br/&gt;Prima facie it appears that the case filed by Citicorp International Limited in Mauritius Supreme Court is misconceived and without any cause of action. We, Shiv-Vani Oil and Gas Exploration Services Limited are taking necessary steps to file reply and contest the case to vacate the Exparte Injunction Orders dated April 11, 2014 and for dismissal of the case.&quot;
View all announcements for SHIV-VANI OIL and GAS EXPLORATION SERVICES LTD. Source: BSE India