Central Province Railways Company

The Central Provinces Railways Company Limited is a publicly listed company that operates in the railway transportation and trading business. The directors are hopeful about overcoming the threat from continued losses and halted operations to restart the business with new energy. Its income historically comes from net earnings received from Central Railway under contracts for the construction and operation of railways. However, the company has not carried on any operations during this year and a long-standing dispute with Central Railway remains unresolved. This dispute stems from a demand by Central Railway for ?18.72 Crores towards the repair and replacement of railway assets since 2002. The company also holds shares as stock-in-trade as part of its business activities, which are valued at the lower of cost or market value.;