Legal22 Jul 2026, 04:50 pm
NCLT Reserves Order on Kamlesh Corp Petition Against Harish Textile
AI Summary
Harish Textile Engineers Ltd has received an order from the NCLT, Mumbai Bench, dated July 10, 2026, concerning a petition filed by M/s. Kamlesh Corporation. The NCLT declined further adjournment, heard the applicant's submissions, and noted that the company's reply would be considered. The matter has now been reserved for orders. The petition was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016, regarding alleged outstanding operational dues. The company states there is no material impact on its financial or operational activities at this stage, with the final impact being unascertainable.
Key Highlights
- NCLT Mumbai reserved orders on a petition by Kamlesh Corporation.
- Petition filed under IBC Code for alleged outstanding operational dues.
- Company's reply will be considered in the final order.
- No material financial or operational impact at this stage.
- Matter awaits final decision from the NCLT.
Price Impact
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