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Further, a criminal complaint has been filed against Celestial Biologicals Limited (a company which has merged with our Company pursuant to the Composite Scheme of Arrangement; for details relating to the Composite Scheme of hydrocodone with advil Arrangement, see the section titled "History and Certain Corporate Matters" on page 149) and four of our Promoters, Mr. Urmish Hasmukh Chudgar, by the drug inspector under Sections 18(c) and 27(d) of the DCA hydrocodone with advil on the grounds that Celestial Biologicals Limited had procured and stored surplus plasma acquired from various blood banks without a valid license for its storage. The DCA prescribes penalties for manufacture, sale, distribution, stock or exhibit for sale in contravention with its provisions. The penalty under Section 27(d) of the DCA is a fine and imprisonment up to two years, whereas the penalty under Section 28A of the DCA is a fine and imprisonment up to one year and that under Section 27(a) of the DCA is a fine of not less than '5,000, and imprisonment up to three years.
A criminal complaint has been filed against our Company, four of our Promoters, namely Mr. Urmish Hasmukh Chudgar, and a member of our key managerial personnel, Mr. Maheshwari by the Regional Officer, Gujarat Pollution Control Board ("GPCB"), under Section 15 of hydrocodone with advil the Environment (Protection) Act, 1986, as amended, ("EPA") for initiating construction activities at our API manufacturing facility ("Matoda API-II") prior hydrocodone with advil to receipt of environmental clearance from the authorities required pursuant to a government notification dated September 14, 2006. The penalty under Section 15 of the EPA is a fine and/or imprisonment of up to five years. Subsequently, the Ministry of Environment and Forests has pursuant to its letter dated August 25, 2011 granted environmental clearance for setting up a bulk drugs manufacturing unit.
Our Company has also received consent to establish dated March 16, 2012 from the GPCB for setting up an industrial plant under the Water (Prevention and Control of Pollution) Act, 1974, the Air (Prevention and Control of Pollution) Act, 1981 and the EPA.
Further, a criminal complaint has been filed against our Company and one of our Promoters, Mr. Nimish Hasmukhbhai hydrocodone with advil Chudgar, by the State of Gujarat and the Central Labor Officer, Gujarat pearsonified com 1 tramadol phenergan vicodin for alleged non-compliance with the provisions of the Payment of Gratuity Act, 1972, as amended, ("Gratuity Act") and rules made thereunder, including, inter alia, delayed payment of statutory dues, non payment of interest under and failure to intimate necessary statutory authorities.
The penalty under Section 9 of the Gratuity Act is a fine and/or imprisonment for a term of not less than six months but which may extend to two years. Any adverse order or direction in these cases by the concerned authorities even though not quantifiable, could have a material adverse impact on our business and reputation or cause the price of the Equity Shares to decline. Any such fine or imprisonment may adversely affect our business, prospects, results of operations and financial conditions. For further details, refer to "Outstanding Litigation and Material Developments" on page 276.
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