Authority: Supreme Court of India (Hon'ble Mr. Justice Sheel Nagu, In Chamber)
Order Date: 12-10-2026
Case Overview
- Petitioners: M/s Koiel Biscuits and Snacks & Anr., represented by counsel Mr. Ganesh Kumar R., AOR Mr. Manjunath Meled, Adv. Mr. Yanthanshan Yanthan; Respondent: Shri Basavashwara Roller Flour Mills.
- The interlocutory application IA No.302895/2026 sought exemption from surrendering within the stipulated time.
- Petitioners claimed they had already deposited Rs 30,41,000 against a compensation liability of Rs 70,00,000.
- The Court considered the deposit and the request for exemption for petitioner No.2, Geeta Ravindra.
Final Outcome
- The Court exempted petitioner No.2/Geeta Ravindra from surrendering until the next listing, provided the petitioners deposit an additional Rs 1,00,000 each for five cases (total Rs 5,00,000) in the Court Registry within four weeks.
- The deposited amount shall be kept as a one‑year fixed deposit in auto‑renewal mode.
- The interlocutory application is disposed of, and the Registry is directed to process the matter for listing as per the Rules.
Topics: Legal Dispute, Court Order