Published on : 08 Oct 2025, 7:45 am 2 min read
Actor Salman Khan has withdrawn his insolvency appeal against gym equipment manufacturer Jerai Fitness Limited before the National Company Law Appellate Tribunal (NCLAT), following a settlement between the parties. [ Salman Khan v. Jerai Fitness]
On October 6, Khan’s counsel informed the Appellate Tribunal that consent terms had been executed. The coram of Chairperson Justice Ashok Bhushan and Technical Member Arun Baroka granted time for filing the affidavit and posted the matter for October 8.
Today, the parties placed the consent terms on record, following which the matter stood withdrawn.
Khan, through his fitness brand Being Strong , had entered into a trademark licence arrangement with Jerai Fitness. Beginning with a