Announced Mon, 22 Jun · 16:28 IST

Pre-mediation notice received over supplier dues claim of Rs 3.1 lakh

Regulatory & Legal View source PDF

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AI summary

Harish Textile Engineers received a pre-institution mediation notice from the Mumbai District Legal Services Authority in a Rs 3.1 lakh supplier dues claim by Makharia Machineries Pvt Ltd. The company has already paid the full principal of about Rs 2.62 lakh; the remaining Rs 48,322 relates to interest. Mediation hearing is scheduled for 2 July 2026 at Mazgaon Court. The company states there is no material adverse impact on its financials or operations.

Likely market impact

Small-ticket dispute, principal already paid. Likely no material impact but minor overhang until mediation concludes on 2 July.