ACME Solar Holdings has taken legal action regarding a show cause cum demand notice previously issued by GST authorities. On April 13, 2026, the company filed a formal civil writ petition before the Hon’ble Rajasthan High Court to contest the matter. This step follows an earlier intimation provided to the exchanges on March 29, 2026, as the company seeks to address the allegations raised by the tax authorities through the judicial process.
Legal Proceedings Initiated
ACME Solar Holdings has formally initiated a challenge against the show cause cum demand notice (SCN) received from GST authorities. By filing a civil writ petition in the Rajasthan High Court on April 13, 2026, the company is actively contesting the validity and scope of the claims made in the notice. This development serves as a follow-up to the company’s initial disclosure regarding the receipt of the notice on March 29, 2026.
Status of Litigation
In its recent update, the company confirmed that the litigation pertains specifically to the matters raised in the GST show cause notice. At this stage, the company has clarified that there are no ongoing litigations involving key management personnel or promoters. The proceedings remain in their early stages, with the company opting to pursue a judicial resolution to address the tax authorities’ claims through the High Court.
Source: BSE