Sept 23 (Reuters) - Celamin Holdings NL CNL.AX :
* Celamin Holdings NL legal update CNL.AX
* Says has now decided to pursue an alternate dispute resolution process, according to its contractual rights
* Celamin now delivered formal notice of dispute to TMS to initiate negotiations in order to protect its interest in chaketma project and advance its claims
* Has accordingly withdrawn application in Tunisian courts for reversal of share transfer, in order to proceed with alternative approach
* On the basis of strong documentary evidence, Celamin disputes the existence of any default on the part of Celamin Limited
* Disputes the existence of any default on the part of Celamin Limited
* Considers that there has been a wrongful and ineffective transfer and purported expropriation of Celamin limited's shares in CPSA
* Source text for Eikon ID:nASX8wh79K