Tantia Constructions Ltd has informed that the Board of Directors of the Company at its meeting held on May 12, 2008 to take on note on the recent happenings of Patna Road Project (details of which were informed vide the letter dated November 23, 2006) of the Company after the termination of said project by client Road Construction Department, Government of Bihar.
The Board have examined the entire matter in the best interest of the Company and worked out various options available including legal and arbitration one.
The Board have examined the entire matter in the best interest of the Company and worked out various options available including legal and arbitration one.
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