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 , a Mumbai-based textile company, has successfully resolved a legal matter that was previously under court proceedings. The company has announced the closure of a court case filed under the Negotiable Instruments Act, bringing positive resolution to the legal challenge.

Case Resolution Details

The court case, which was originally filed under Section 138 read with Section 141 of the Negotiable Instruments Act, 1881, has been officially closed. The matter was taken up before the National Lok Adalat on December 13, 2025, by the Judicial Magistrate (First Class), Court No. 73, Vikhroli, Mumbai.

Original Case Background

The legal action had stemmed 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 were related to goods sold between August and November 2023. The company had received summons in November 2025 regarding this matter.

Court Proceedings and Outcome

During the National Lok Adalat proceedings, the complainant withdrew the complaint against Harish Textile Engineers Limited. As a result, the Honorable Court has acquitted the accused, cancelled any warrants issued earlier, and ordered closure of the proceedings. The order was made available on the official website of the concerned authority on December 15, 2025.

Impact Assessment

The company has confirmed that there is no material impact on the financials or operations of the company pursuant to the closure of the case. This resolution eliminates the legal uncertainty that had been hanging over the company since the original summons was received.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Harish Textile Engineers Limited has made the required disclosure to BSE Limited. The disclosure was made in continuation of the company's earlier communication dated November 5, 2025, when the original summons was first reported.