Company receives claim petition under MSMED Act seeking dues of Rs. 3.56 crore
Company received an intimation on 06 Oct 2026 from MSEFC, Jaipur, about a claim petition by M/s Precision Autocastings Pvt Ltd under the MSMED Act, 2006, seeking recovery of dues of Rs. 3.56 crore.
By ScoutQuest · · 2 min read
- Claim Amount
- Rs. 3.56 crore
- Intimation Date
- 06 Oct 2026
- Forum / Case Reference
- MSEFC, Jaipur; Case No. CP/15471(RJ)/2026 on MSME ODR Portal
A claim for unpaid dues has been disclosed to the exchanges
The company has informed the stock exchange that on 06 October, 2026 it received an intimation from the Micro and Small Enterprises Facilitation Council (MSEFC), Jaipur. The intimation relates to a claim petition shared by M/s Precision Autocastings Private Limited against Universal Autofoundry Limited.
What the petition seeks
- The petition has been shared under Section 18(1) of the Micro, Small and Medium Enterprises Development Act, 2006.
- It seeks recovery of outstanding dues amounting to Rs. 3.56 crore towards supplies made by the claimant to the company.
- The case has been registered on the MSME ODR Portal under Case No. CP/15471(RJ)/2026.
- The matter is currently pending.
What the company said
- The company stated that it deeply regrets the delay in informing the stock exchange and attributed it to an oversight.
- The company said it is examining the matter and shall take appropriate steps in accordance with applicable law.
- Any further updates in the proceedings will be disseminated to the stock exchange in due course.
What this means in simple terms
- An MSEFC is a council set up under the MSMED Act to facilitate settlement of disputes involving micro and small enterprises and their buyers, including claims for unpaid dues.
- A claim petition places the claimant's claim before the council. The disclosure records the amount claimed, the forum, and that the case is pending.
- The company has described the matter as one it is examining, and has said it will take appropriate steps in accordance with applicable law.
Points a retail investor may want to track
- Any order, settlement or withdrawal in this case and whether it involves a payment by the company.
- Any stated financial impact the company shares in a subsequent disclosure.
- The updates the company said it will share with the exchange as the proceedings move.
In short, the disclosure sets out a pending claim of Rs. 3.56 crore before the MSEFC, Jaipur, shared under the MSMED Act, 2006, along with the company's stated position that it is examining the matter and will take appropriate steps as per law.
Also from Universal Autofoundry
Board meeting on Oct 26, 2026 to consider unaudited results for quarter and half year ended Sept 30, 2026
14 Oct 2026
More numbers
- Outstanding dues claimed in the petitionRs. 3,55,80,784/-
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