
Legal22 Jun 2026, 04:30 pm
Harish Textile Engineers Receives Mediation Notice for ₹2.62 Lakh Dues
AI Summary
Harish Textile Engineers Ltd has received a Notice for Pre-Institution Mediation from the Mumbai District Legal Services Authority regarding a claim by Makharia Machineries Pvt. Ltd. for alleged outstanding dues and interest. The claim amounts to ₹3,10,814, comprising ₹2,62,492 in principal and ₹48,322 in interest. The company states that the entire principal amount has already been paid and is awaiting creditor confirmation. Harish Textile Engineers will participate in the mediation proceedings scheduled for July 2, 2026. The company assesses no material adverse impact on its financials or operations at this pre-institution stage.
Key Highlights
- Received mediation notice from Mumbai District Legal Services Authority.
- Claim from Makharia Machineries Pvt. Ltd. for ₹3.10 Lakhs.
- Company claims principal amount of ₹2.62 Lakhs has been paid.
- Mediation scheduled for July 2, 2026; no material adverse impact expected.
Price Impact
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