ICICI Lombard General Insurance Secures Temporary Stay on ₹17,289 Crore GST Demand from Bombay High Court
Published on: Jan. 23, 2026, 10:46 a.m. | Source: scanx.trade
ICICI Lombard General Insurance has obtained a temporary stay from the Bombay High Court on a GST demand of ₹17,288.61 crores and penalty of ₹1,728.86 crores, totaling over ₹19,000 crores in potential liability. The company has confirmed no current financial impact from this ruling, indicating the stay provides effective protection from immediate payment obligations while legal proceedings continue.
