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Harish Textile Engineers Limited has announced a settlement with M/s. Ramdev Resins Private Limited, resolving a dispute arising from an arbitration award. The company paid Rs. 28.41 lakh as full and final settlement and received a No Due Certificate, confirming clearance of the claim. This settlement will enable reversal of excess interest provided, removing any further liabilities related to the matter. The resolution brings closure to a legal issue that involved attachment of company property, which could positively impact the company’s financial clarity and operations moving forward.