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LatestLegal Updates 9 September 2026

Supreme Court Rules in Favor of Peerless in 30-Year Share Dispute

India's Supreme Court has finally resolved a three‑decade‑long shareholding battle involving Peerless and PGFI, delivering a verdict that favors the companies. The case moved from the Calcutta High Court to the apex court, ending years of legal uncertainty and confirming ownership structures.

Supreme Court decision: The apex court settled the 30‑year shareholding dispute, ruling in favor of Peerless and its partner PGFI.

  • Dispute traced through Calcutta High Court to the Supreme Court.
  • Verdict finalizes ownership issues and ends prolonged litigation.

For full details see the Times of India article.

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