Interarch Building Solutions Limited Receives Notice Under MSMED Act
Interarch Building Solutions Limited (formerly Interarch Building Products Limited) has received a notice under Section 18 of the Micro, Small and Medium Enterprises Development Act, 2006. The notice was received from the Micro and Small Enterprises Facilitation Council (MSEFC), Bengaluru Urban, Department of Industries & Commerce, Government of Karnataka.The notice pertains to a reference filed under the MSMED Act, 2006, alleging delayed payments. The matter is currently listed for conciliation and may proceed to arbitration.
Details of the Notice
| Particulars | Details |
|---|---|
| Date of receipt of direction or order | 16 March 2026 |
| Details of the violation(s)/contravention(s) alleged | The petitioner alleges delay in payments and has raised various contractual claims arising out of execution of works. |
| Impact on financial, operation or other activities | The petitioner has claimed an amount of approximately ₹9.55 crore (including principal and interest) and has also sought interim relief of ₹5.00 crore. The financial impact, if any, cannot be ascertained at this stage. |
| Parties Involved | Petitioner: M/s. AGRIMA Roof & Facade Systems; Respondent: Interarch Building Solutions Limited |
| Case / reference number | CP/00655(KA)/2026 |
| Next steps / hearing details | The matter is scheduled for appearance on 02 April 2026 at 11:00 AM through the MSME ODR Portal. |
| Company's position | Interarch Building Solutions Limited believes that the claims are not tenable and intends to contest them. |
| Any other relevant information | The dispute pertains to contractual matters relating to project execution, including scope, billing and related issues. |
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