Harish Textile Engineers Limited , a textile machinery manufacturer, continues to navigate legal proceedings as the National Company Law Tribunal (NCLT) Mumbai has issued new directions in the creditor dispute case filed by M/s. Kamlesh Corporation.

Latest NCLT Developments

The company received an Order Sheet dated November 28, 2025, through email from the NCLT Mumbai Bench on December 11, 2025. The tribunal has granted specific timelines and directions to both parties in the ongoing case.

Key Tribunal Directions

The NCLT has provided structured timelines for case proceedings:

• Creditor Timeline: M/s. Kamlesh Corporation has been granted 15 days to complete Dasti service of the application and order upon the company
• Service Affidavit: The creditor must file an affidavit of service after completing the service process
• Company Response: Harish Textile Engineers has been directed to file its reply within 7 days from the date of receipt of served documents
• Hearing Schedule: The matter has been adjourned and re-listed for January 5, 2026

Case Background and Current Status

The dispute centers around alleged outstanding dues payable to M/s. Kamlesh Corporation. The company maintains its position that there is no material impact on its financial, operational, or other business activities at this stage.

Company's Response Strategy

Harish Textile Engineers has acknowledged the tribunal's directions and stated it will act in consultation with its advocate and legal counsel. The company is seeking appropriate legal advice to respond at the scheduled hearing.

The management has emphasized that the company will attend and respond at the scheduled hearing accordingly, demonstrating its commitment to addressing the legal proceedings through proper channels.

Regulatory Compliance

The company has maintained transparency by promptly disclosing this information under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure demonstrates adherence to corporate governance practices and regulatory compliance requirements.

As the case progresses toward the January 2026 hearing, stakeholders will be watching for the company's formal response and any potential resolution between the parties involved.

Harish Textile Engineers Limited (HTEL), a Mumbai-based company, finds itself embroiled in a legal matter concerning a dishonored cheque. The company, along with its directors and key managerial personnel, has received a summons from the Judicial Magistrate (First Class) in Vikhroli, Mumbai, regarding a case filed under the Negotiable Instruments Act.

Case Details

The legal action stems from a dishonored cheque amounting to Rs. 11.72 lakh, which was issued as partial payment for outstanding dues totaling Rs. 22.42 lakh, plus interest. These dues are related to goods sold between August and November 2023.

Legal Proceedings

The case has been filed under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881. The summons, dated October 14, 2025, was received by the company on November 4, 2025.

Company's Response

HTEL has stated that it is currently evaluating the matter in consultation with its legal advisors. The company plans to submit an appropriate legal response within the prescribed timelines. At this stage, HTEL does not anticipate any material impact on its operations or financial position.

Disclosure and Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, HTEL has made a disclosure to the BSE Limited. The company has provided the following details as required by SEBI:

As the legal proceedings unfold, stakeholders and investors of Harish Textile Engineers Limited will be keenly watching for any developments that may affect the company's financial standing or operational capabilities.