Update on Ongoing Litigation-Order passed by the Hon''ble Supreme Court of India in the matter of Cosmic CRF Limited vs. Myotic Trading Private Limited & Ors.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 1.4 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Cosmic CRF Limited has informed the BSE that the Supreme Court of India has admitted its appeal against a prior NCLAT order in the case involving Myotic Trading Private Limited & Ors. The Supreme Court condoned the delay in filing, issued notice to the respondents, and permitted Dasti service. Importantly, the NCLAT order dated October 10, 2025 (which the company previously described as containing 'adverse observations') will continue to operate until the next date of hearing. The matter is now listed for further hearing in the week commencing April 27, 2026. The company was represented by senior counsel including Mr. Shyam Divan and Mr. Jayant Mehta, and views the admission as an opportunity to present its case at the Supreme Court level.
Procedurally positive for Cosmic CRF as the appeal has been admitted for hearing, but no actual relief has been granted yet — the earlier NCLAT order remains in force, which means the adverse position stays in place for now. Shareholders should monitor the April 27, 2026 hearing for any substantive outcome or interim relief that could change the company's position.