Authority: Supreme Court of India

Order Date: 24-07-2026

Case Overview

  • Petitioners: SRMB SRIJAN LIMITED; Respondents: GREAT EASTERN ENERGY CORPORATION LIMITED.
  • The petition (Special Leave to Appeal (C) No. 17381/2026) arises from the impugned final judgment and order dated 13‑04‑2026 in AO‑COM No. 30/2024 of the Calcutta High Court.
  • Counsel for the petitioner included senior advocates Nidhesh Gupta, Naveen Kumar and others; counsel for the respondent included senior advocate Ratnanko Bannerjee and others.
  • The Court previously ordered on 22‑05‑2026 that the appellant deposit Rs 20 crore in a fixed deposit.

Order Details

1. Leave to appeal is granted.

2. The hearing is expedited.

3. The appellant has complied with the earlier order by depositing Rs 20 crore, which is held in a fixed deposit.

4. Pending disposal of the civil appeal, the respondent is permitted to withdraw Rs 15 crore from the deposited amount.

5. The interim order dated 22‑05‑2026 continues to operate.

Final Outcome

  • The Supreme Court has granted the special leave to appeal, accelerated the proceedings, and authorized the respondent to draw Rs 15 crore from the fixed deposit while the appeal is pending, with the earlier interim order remaining effective.

Topics: Special Leave to Appeal, Corporate Litigation, Financial Deposit Order