Viceroy Hotels Wins Telangana High Court Case on ₹3.56 Crore Demand
Viceroy Hotels Limited secured a victory in its litigation against Southern Power Distribution Company of TS Limited. The Telangana High Court set aside a demand notice of ₹3.56 crore for cross-subsidy surcharge. The court cited immunity under Section 32A of the IBC, 2016, post-CIRP.
The resolution of a ₹3.56 crore demand notice removes a potential financial liability and legal uncertainty for the company.
The company won a significant legal battle, resulting in the setting aside of a substantial demand notice, which is a positive outcome.
Viceroy Hotels Limited has received a favorable order from the Hon'ble High Court of Telangana, setting aside a demand notice for ₹3.56 crore (Rupees Three Crores Fifty-Five Lakhs Ninety-Nine Thousand Eight Hundred and Thirty-Four only) towards cross-subsidy surcharge for FYs 2005-06 to 2014-15. The demand was originally issued by Southern Power Distribution Company of TS Limited on January 31, 2025.
The High Court, after reviewing the case, ruled that Viceroy Hotels Limited is entitled to immunity under Section 32A of the Insolvency and Bankruptcy Code, 2016, following the successful completion of its Corporate Insolvency Resolution Process (CIRP) and the subsequent change in management. This effectively brings a long-standing litigation to a close in favor of the company.
The order, received by the company on September 10, 2026, marks the final resolution of this demand notice, providing significant relief and finality to Viceroy Hotels Limited. This development is considered material, occurring subsequent to the conclusion of CIRP proceedings in October 2023.
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Viceroy Hotels 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 medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Viceroy Hotels Limited. Read the original for the full detail.