Vikas Wsp announced that the HOUSTON Court case is bound to be decided in favour of the company because the out of Court Settlement was done at US$ 80 million. Out of which a sum of US$ 40 million received.
For the balance, the company need US$ 40 million required to be paid with accrued interest @6% and Attorney fee, aggregating to about Rs.120 crore. Therefore, the company is in litigation for these claims and is sure to get the amount in times ahead.
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