Authority: Supreme Court of India

Order Date: 27-10-2026

Case Overview

  • Parties: Appellant – Central Bank of India; Respondents – Ramesh Shah in consortium with Masitia Capital Services Pvt. Ltd. & others.
  • Nature of proceeding: Civil Appeal Nos.6039‑6044/2024 concerning a stay application (IA No.108884/2024).
  • Counsel for Appellant: Mr. Ravi Raghunath (AOR), Mrs. Rathina Maravarman, Adv., Mr. Namanjeet Singh Bhatia, Adv.
  • Counsel for Respondents: Ms. Purti Gupta (AOR), Mr. Arvind Kumar, Adv., Ms. Henna George, Adv., Mr. Rajendra Beniwal, Adv., Mr. Sunil Beniwal, Adv., Mr. Ashkrit Tiwari, Adv., Mr. G. Deep Singh, Adv., Ms. Shivika Jain, Adv., Ms. Riya Pandey, Adv., Mr. Sumit Kumar, Adv., Mr. Sahil Chandra (AOR), Mr. Arun Kumar Shukla (AOR), Mr. Surya Prakash (AOR), Mr. Naman Shukla, Mr. Yasharth Shukla, Mr. Amogh Shukla, Mr. Rajiv Kishore Dubey, Adv.
  • Judges hearing the matter: Hon'ble Mr. Justice Sanjay Kumar and Hon'ble Mr. Justice Sanjeev Sachdeva.
  • The High Court remains seized of the matter; a further hearing is scheduled there on 04-12-2026.

Final Outcome

  • The Supreme Court adjourned the appeal to await the High Court's decision.
  • The case was ordered to be listed again on 04-12-2026.
  • Subsequently, the matter was re‑listed for a hearing on 19-01-2027.
  • The order was signed by Deputy Registrar Court Master (NSH), Deepak Guglani and Preeti Saxena.

Topics: Banking, Court Proceedings