Fettech Commercial Enterprises Files Notice Proposing Corporate Insolvency Against Mercury Trade Links Ltd
Mercury Trade Links Limited has received a notice from Fettech Commercial Enterprises Private Limited proposing the initiation of the Corporate Insolvency Resolution Process (CIRP) against the company under Section 9 of the Insolvency and Bankruptcy Code, 2016.The notice was issued on January 13, 2026, by Fettech Commercial Enterprises Private Limited concerning an alleged operational debt owed to them by Mercury Trade Links Ltd. The proposed process is intended to be initiated through the National Company Law Tribunal (NCLT), subject to the filing of the appropriate application.
The notice details the operational creditor’s intention to initiate proceedings under Section 9 of the Insolvency and Bankruptcy Code, 2016 in respect of the alleged debt. Fettech Commercial Enterprises Private Limited, which holds its registered office in Ahmedabad, addressed the notice to Mercury Trade Links Limited, which is based in Naranpura, Ahmedabad.
Key details regarding the impending matter are summarized below:
| Particulars | Details |
|---|---|
| Name of Operational Creditor | Fettech Commercial Enterprises Private Limited |
| Date of Notice | January 13, 2026 |
| Nature of Proceeding | Proposed initiation of Corporate Insolvency Resolution Process under Section 9 of the Insolvency and Bankruptcy Code, 2016 |
| Respondent | Mercury Trade Links Limited |
As of the date of the report, the company confirms that it has only received this notice. No application has been admitted, nor has any order been passed by the National Company Law Tribunal (NCLT).
The management of Mercury Trade Links Ltd is currently examining all allegations contained within the notice and is obtaining appropriate legal advice. The company holds the belief that it possesses sufficient legal remedies available to protect its interests in this matter.
Mercury Trade Links Limited stated that it will take all necessary legal steps if required and maintains that it shall defend the matter before the appropriate forum.
Stock Price Movement
Mercury Trade Links Ltd settled at ₹4.70 after the close of trade today, finishing down 4.86%. The shares saw movement throughout the session, with its intraday range spanning from a low of ₹4.70 to a high of ₹4.88.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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