NCLT hearing adjourned for Harish Textile Engineers petition

0 min read     Updated on 03 Jun 2026, 06:49 PM
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Harish Textile Engineers Limited reported an adjournment of the NCLT hearing for a petition filed by Kamlesh Corporation, which was set for July 10, 2026. The disclosure was made via a regulatory filing on June 3, 2026.

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Harish Textile Engineers Limited disclosed that the National Company Law Tribunal (NCLT) hearing for a petition filed by Kamlesh Corporation was adjourned. The hearing was scheduled to take place on July 10, 2026. The company informed the exchanges regarding this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The specific details regarding the nature of the petition filed by Kamlesh Corporation were not disclosed in the filing. The document was digitally signed by Sandeep Kirtikumar Gandhi on June 3, 2026. The adjournment implies a delay in the legal proceedings concerning the matter between the two entities.

Key Details

Event Date
NCLT Hearing Scheduled July 10, 2026
Filing Date June 3, 2026
Petitioner Kamlesh Corporation

Historical Stock Returns for Harish Textile Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%+0.47%+3.06%+7.83%+0.72%+61.94%

What is the nature of the petition filed by Kamlesh Corporation against Harish Textile Engineers?

When is the rescheduled date for the NCLT hearing, and what are the reasons for the adjournment?

How might the delay in legal proceedings impact Harish Textile Engineers' financial performance or stock price?

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Harish Textile Engineers clarifies delay in mediation notice disclosure

2 min read     Updated on 02 Jun 2026, 02:54 PM
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Harish Textile Engineers addressed the timing of its regulatory disclosure concerning a commercial dispute with M/s. Steel-O-Fab Engineers, explaining that the notice received on May 30, 2026, was disclosed on June 1, 2026, due to the weekend. The company confirmed a further directive to attend mediation on June 19, 2026, at the City Civil & Sessions Court, Dindoshi, Mumbai, while maintaining that the dispute poses no material financial or operational impact.

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Harish Textile Engineers has clarified the timeline of its disclosure regarding a commercial dispute, confirming that the notice from the Mediation Centre, Mumbai District Legal Services Authority, was received on May 30, 2026. The company explained that the communication arrived during the late evening, and the subsequent day was a non-working day, which led to the information being brought to the attention of officials on June 1, 2026. The disclosure was submitted to the stock exchange on the same day. The company stated that the delay was unintentional and due solely to the timing of the receipt preceding a non-working day.

The company also reported receiving a further communication directing it to appear for mediation proceedings on June 19, 2026, at 11:30 A.M. before the City Civil & Sessions Court in Dindoshi, Mumbai. The proceedings relate to a pre-institution mediation initiated by M/s. Steel-O-Fab Engineers under Section 12A of the Commercial Courts Act, 2015. Harish Textile Engineers Limited reiterated that the matter is currently under evaluation and there is no material financial or operational impact at this stage.

Details of the Proceedings

The regulatory filing outlines the specific nature of the legal action and the upcoming schedule. The table below summarises the key particulars provided in the disclosure.

Sr. No. Particulars Details
1 Name of Authority Mediation Centre, Mumbai District Legal Services Authority, City Civil & Sessions Court, Dindoshi, Mumbai
2 Nature and details of the action(s) taken Receipt of further communication scheduling mediation proceedings on June 19, 2026, at 11:30 A.M. regarding Pre-Institution Mediation initiated by M/s. Steel-O-Fab Engineers under Section 12A of the Commercial Courts Act, 2015
3 Date of receipt of direction or order May 30, 2026
4 Details of the violation(s)/contravention(s) Commercial dispute initiated by M/s. Steel-O-Fab Engineers. The communication relates to continuation of pre-institution mediation proceedings.
5 Impact on financial, operation or other activities The matter is at the pre-institution mediation stage and the company is evaluating the same. No material financial or operational impact is reported.

The disclosure was made to BSE Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company expressed regret for the inadvertent delay and affirmed its commitment to maintaining high standards of corporate governance.

Historical Stock Returns for Harish Textile Engineers

1 Day5 Days1 Month6 Months1 Year5 Years
+2.84%+0.47%+3.06%+7.83%+0.72%+61.94%

What are the potential financial implications if the mediation fails and the dispute proceeds to full commercial litigation?

Could this legal dispute impact Harish Textile Engineers' existing business relationships or future contracts with other clients?

How will the company manage its legal resources to ensure this matter does not distract from core operational activities?

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