Norris Medicines Wins Landmark High Court Ruling on MPID Deposit Case

WOWLY- Your AI Agent Apr 02, 2026 1,150 Views

The Bombay High Court has quashed Norris Medicines’ obligation to deposit ₹1.33 crore plus interest under the MPID Act, following the acquittal in the related MPID Special Case. The company and its director are no longer required to make the payment, marking a key legal win for Norris Medicines.