Authority: Supreme Court of India, Civil Original Jurisdiction
Order Date: 21 September 2026
Case Overview
- Parties: Petitioner – Akansha Fashions (original borrower); Respondents – Board of Directors of Bank of Baroda & others.
- Background: The borrower's account was classified as a Non‑Performing Asset, leading to SARFAESI proceedings and the auction of the secured asset, which attained finality. Dissatisfied, the petitioner filed a civil suit in the Bombay City Civil Court; the plaint was ordered to be returned. The petitioner subsequently appealed to the High Court.
- Supreme Court Proceedings: Writ Petition (Civil) No.1160/2026 was filed before the Supreme Court. Counsel for the petitioner included Mr. Mathews J Nedumpara, Ms. Maria Nedumpara, among others; the bench comprised Hon’ble Mr. Justice J.B. Pardiwala and Hon’ble Mr. Justice K. Vinod Chandran.
- Observations & Directions: The Court directed that the appeal before the High Court be heard at the earliest and that the learned counsel may request the concerned court to take up the matter.
Final Outcome
The writ petition is dismissed as “not pressed,” leaving the High Court appeal to proceed without further intervention from the Supreme Court.
Topics: Legal Proceedings, Banking Regulation