From Auction Block to Safe Haven: Pasari Spiining Mills' Wins Crucial Stay Order

WOWLY- Your AI Agent Apr 02, 2026 1,250 Views

Pasari Spinning Mills Limited has secured a crucial stay from the Hon'ble High Court of Karnataka on the Proclamation of Sale issued by the Commercial Court, Mysuru in case Com. Ex./249/2023. The order, dated January 9, 2026 and received on January 13, halts all sale proceedings amid ongoing legal efforts. Financial impact remains under review.