Authority: Supreme Court of India

Order Date: 19-08-2026

Case Overview

  • Appellant: M/S Aidem Ventures Pvt. Ltd; Respondent: M/S Skyline Radio Network Ltd.
  • The appeals (Civil Appeal No.10048/2026, with related admissions C.A. No.10042/2026 and C.A. No.10075/2026) were listed for hearing on 19‑08‑2026 before Hon’ble Justices J.B. Pardiwala and K. Vinod Chandran.
  • Central question: Whether proceedings instituted in 2013 and transferred under Section 434(1)(c) of the Companies Act, 2013 can be treated as fresh applications after filing Form‑5, thereby attracting monetary thresholds introduced later.
  • Counsel for appellant (Mr. Jayant K. Mehta, Sr. Adv.) and respondent (Mr. Amit Anand Tiwari, Sr. Adv.) presented arguments.

Final Outcome

  • Court allowed appellant to implead Union of India as respondent No.2 in all matters.
  • Directed amendment of cause title accordingly.
  • Ordered issuance of notice and permitted Dasti service.
  • Scheduled the matter for final disposal on 24‑09‑2026.

Topics: Company Law, Court Proceedings