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BRIEF-Oilex Ltd Updates On High Court Decision On Cambay Stay Order

Published 16/11/2018, 11:21 am
© Reuters.  BRIEF-Oilex Ltd Updates On High Court Decision On Cambay Stay Order
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Nov 16 (Reuters) - Oilex Ltd OEX.AX :

* UPDATE ON HIGH COURT DECISION ON CAMBAY STAY ORDER

* GUJARAT STATE PETROLEUM CORPORATION (GSPC) WAS REQUIRED TO SUBMIT 30 CRORE RUPEES WITH COURT BY 15 NOVEMBER 2018

* ALTHOUGH CO WAS UNABLE TO FORMALLY CONFIRM COMPLIANCE, IT BELIEVES THAT GSPC MAY HAVE GIVEN REQUIRED FUNDS IN COMPLIANCE OF ORDER WITH COURT

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