Authority: Supreme Court of India

Order Date: 30-07-2026

Case Overview

  • Petition for Special Leave to Appeal (C) No. 8130/2026 filed by M/s. Nandhi Dhall Mills India Pvt. Ltd. challenging the final judgment and order dated 28-07-2025 in WA No. 1645/2025 passed by the High Court of Madras.
  • Respondents are the Fraud Examination Committee (FEC)-II of IDBI Bank Limited and other parties.
  • The matter was heard on 30 July 2026 before a two‑judge bench comprising Hon’ble Mr. Justice M.M. Sundresh and Hon’ble Mr. Justice Prasanna B. Varale.
  • Counsel for the petitioner was Mr. V. Elanchezhiyan (Advocate on Record); counsel for the respondents were Mr. Krishan Kumar (AOR), Mr. Nitin Pal (Advocate) and Mr. Ravi Kumar (Advocate).

Final Outcome

  • Both parties indicated that settlement negotiations are ongoing.
  • The Court adjourned the proceedings for four weeks and ordered the matter to be listed for further hearing on 30 September 2026.

Topics: Settlement Negotiations, Banking Litigation