BHEL is facing 163 civil 038; criminal cases

According to the company8217;s draft document for the proposed disinvestment of 5 per cent stake by the government,the aggregate value of the 144 civil cases is estimated to be worth about Rs 145.23 crore.

8220;We are presently involved in 19 criminal proceedings which have been filed against us in various forums,8221; the draft document said.

8220;There are 144 civil proceedings against the company and the aggregate monetary value of these proceedings is approximately Rs 1,452.32 million Rs 145.23 crore. The cases primarily relate to recovery of money,injunction suits,bank guarantees and insurance8230;,8221; it added.

Meanwhile,BHEL has initiated three criminal cases and 125 civil proceedings 8212; whose aggregate monetary value about Rs 188.39 crore.

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