UPL subsidiary gets favourable judgement from Australian court
The Queensland Supreme Court has ruled in favour of Advanta Seeds, a subsidiary of UPL. "We are pleased that the Supreme Court of Queensland in Australia has dismissed a class action litigation against Advanta Seeds Pty Ltd, Company's subsidiary in Australia. This class action, funded by a UK based litigation funder, alleged that seeds sold by Advanta in 2010/2011 to certain growers in Queensland and News South Wales region of Australia, were contaminated," the company said in a regulatory filing. Advanta Seeds stated that its team has continued to work closely with growers in the interests o...
Source: business-standard.com