DIC India ordered to pursue mediation in Star Plastics commercial suit
DIC India Limited's commercial suit against Star Plastics has been directed by the District Court to undergo pre-litigation mediation under Section 12A of the Commercial Courts Act, 2015. The company intends to challenge this order. The suit was disposed of with this direction.
The current development is a procedural directive for mediation, and its financial implications are not yet determined. The company's intention to challenge the order indicates that the resolution is still pending.
The court's order to pursue mediation is a procedural step and does not definitively favor either party. The company's intention to challenge the order suggests uncertainty regarding the final outcome.
DIC India Limited has provided an update regarding a commercial suit for recovery filed against Star Plastics. In a significant development, the District Court, vide its order dated April 7, 2026 (uploaded on April 13, 2026), has directed the company to first initiate pre-litigation mediation under Section 12A of the Commercial Courts Act, 2015. The court's intention is to explore amicable resolution of disputes before entertaining the suit. Consequently, the District Court has disposed of the suit with this direction. DIC India Limited intends to challenge this order, indicating a potential continuation of legal proceedings.
What to do with a filing like this
DIC India Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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