Newgen Software Technologies has faced a setback in its legal proceedings related to an investment dispute in Qatar. The company’s appeal against an earlier adverse judgment was dismissed by the Appellate Court on January 26, 2026. Newgen is currently evaluating options for a further appeal to the Court of Cassation. The initial judgment required the company to pay USD 1,370,000 plus additional compensation.
Qatar Court Appeal Update
Newgen Software Technologies has provided an update regarding its ongoing legal case concerning an investment dispute in Qatar. An appeal was filed with the Appellate Court in response to a previous adverse judgment received. However, on January 26, 2026, the Appellate Court dismissed the appeal.
Financial Implications and Next Steps
As a result of the dismissed appeal, Newgen remains liable for the amounts specified in the original judgment. This includes a payment of USD 1,370,000 to the Customer, as well as QAR 200,000 in compensation and court costs. The company is currently assessing the possibility of filing a further appeal with the Court of Cassation in Qatar.
Impact on Operations
Beyond the financial implications of the court’s decision, Newgen states that there is no expected significant impact on the company’s overall business operations. The company is continuing its evaluation of all available legal avenues.
Source: BSE
