Fraser & Company Limited Resolves Rs. 8 Crore Dispute with Shradha Landmark Through Cash and Property Settlement Sep 22, 2025
Fraser & Company Limited has reached a settlement agreement with Shradha Landmark Private Limited over Rs. 8 crores in pending invoices. The settlement includes a Rs. 4 crore cash payment and the transfer of four 2-BHK flats in Mumbai. The dispute, originating from 2017-18 trade receivables, led to litigation in 2023. Fraser & Company expects to receive flat possession by December 22, 2025, and the occupational certificate by March 22, 2026. The company has disclosed approximately Rs. 5 crores in payables to operational creditors against these settlement receipts. The Corporate Insolvency Resolution Process against Shradha Landmark is set to be withdrawn as part of the agreement.