๐ท๐บ๐ฎ๐ณ ๐๐ง๐๐ข๐๐ง ๐๐จ๐ฎ๐ซ๐ญ ๐ ๐ซ๐๐ง๐ญ๐ฌ ๐๐๐ ๐๐๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง๐ญ๐๐ซ๐ข๐ฆ ๐ซ๐๐ฅ๐ข๐๐ ๐ข๐ง ๐๐ฎ๐ฌ๐ฌ๐ข๐-๐ฅ๐ข๐ง๐ค๐๐ ๐๐ข๐ฌ๐ฉ๐ฎ๐ญ๐ ๐๐ซ๐จ๐ฎ๐ ๐ก๐ญ ๐๐ฒ ๐ ๐๐ฎ๐ฌ๐ฌ๐ข๐๐ง ๐๐ง๐ญ๐ข๐ญ๐ฒ
On 5 December 2025, a Russian court handed down a decision ordering an Italian entity and its Russian subsidiary to pay RUB 171 billion to the Russian entity (see Case No. ะ40-231304/2025). Despite the fact that the court decision has not attained finality, as all parties have filed appeals, the Russian entity commenced proceedings under Section 13 of the Code of Civil Procedure, 1908 (India), seeking interim relief.
On 24 December 2025, the High Court of Bombay did not pass any orders. Subsequently, by an order dated 12 January 2026, as indicated by published reports, the Court granted interim measures requiring the Italian company to maintain the status quo in relation to its Indian assets, which are understood to be valued at over EUR 300 million.
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