NCLT case settled between parties; tribunal's written order awaited
A-One Steels India Ltd has informed the exchanges that the NCLT proceedings shared against it by Shri Khatu Shyam Ispat Udyog LLP have been settled between the parties on October 14, 2026.
By ScoutQuest · · 1 min read
- Settlement Date
- October 14, 2026
- Forum
- National Company Law Tribunal (NCLT), Bengaluru Bench
- Case Number
- C.P. (IB)/34/BB/2026
NCLT matter settled
The company has informed the stock exchanges that the proceedings initiated against it by Shri Khatu Shyam Ispat Udyog LLP before the Hon'ble National Company Law Tribunal (NCLT), Bengaluru Bench, have been settled between the parties on October 14, 2026. The case was pending as C.P. (IB)/34/BB/2026.
The company has said this matter was previously disclosed under the section titled "Outstanding Litigations and Material Developments" in the Red Herring Prospectus shared by the company.
What is awaited
- The written order of the Hon'ble NCLT recording the settlement and/or disposing of the proceedings is awaited.
- That order has not yet been uploaded on the NCLT website.
- The company has said it will make a further disclosure upon receipt or availability of the said order.
How to read it
A settlement means the two parties have agreed to resolve the dispute between them, and the case is on its way to being formally closed by the tribunal. The intimation records that the matter has been settled; the formal tribunal record of that settlement comes through the written order that is awaited.
For anyone tracking this company, the next marker is the follow-up disclosure the company has said it will make once the order is available.
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