Authority: Supreme Court of India
Order Date: 01 Oct 2026
Case Overview
- Petitioners: Reliance Asset Reconstruction Company Limited (RARC) filed Special Leave to Appeal (C) Nos. 29625‑29626/2026 and related applications (IA Nos. 253225/2026, 257117/2026) challenging the Bombay High Court’s final judgment and order dated 20‑07‑2026 in CAP(L) Nos. 14725/2026 and 15441/2026.
- Respondents: Hiroo Hotchand Advani and another.
- The matters were listed before a two‑judge bench of Hon’ble Mr. Justice J.B. Pardiwala and Hon’ble Mr. Justice K. Vinod Chandran on 29‑09‑2026.
- Counsel for petitioners included Amar Dave, Sr. Adv., P.S. Sudheer (AOR), Rishi Maheshwari, Anne Mathew, Bharat Sood, Jashan Vir Singh. Counsel for respondents included Shyam Divan, Sr. Adv., Chritarth Palli‑3235 (AOR), Agam Agarwal, Rajat Gupta, Anushka Juneja.
Order
- The Court was informed that there is a likelihood of an amicable settlement between the parties.
- In view of the possibility of settlement, the Court directed that the matters be posted for hearing after a period of four weeks.
Final Outcome
- The proceedings were adjourned for four weeks pending any settlement, with no substantive judgment rendered at this stage.
Topics: Special Leave to Appeal, Asset Reconstruction, Court Proceedings