Case Details

  • Petition for Special Leave to Appeal (C) No. 17984/2026 filed by Alembic Pharmaceuticals Ltd.
  • Arising from impugned final judgment and order dated 06‑05‑2026 in SCA No. 6953/2026 of the Gujarat High Court.
  • Heard by the Supreme Court of India on 26‑05‑2026.
  • Bench: Hon’ble Mr. Justice Pamidighantam Sri Narasimha and Hon’ble Mr. Justice Alok Aradhe.

Parties Involved

  • Petitioner: Alembic Pharmaceuticals Ltd.
  • Respondents: State of Gujarat & Others.
  • Counsel for Petitioner: Sr. Adv. Dama Sesadri Naidu, Adv. Chirag M. Shroff, AOR Dhananjay Kataria.
  • Bench Members: Justice Pamidighantam Sri Narasimha, Justice Alok Aradhe.
  • Court Master (SH) Assistant Registrar: Abhinav Kumar, Nidhi Wason (digitally signed).

Issues / Allegations / Violations

  • The petition challenges the High Court’s final judgment and order dated 06‑05‑2026; specific grounds are not detailed in the order.
  • The Supreme Court addressed the immediate concern of invoking bank guarantees and potential coercive actions against the petitioner.

Findings & Observations

  • The Court found merit in staying the enforcement of bank guarantees pending further hearing.
  • No detailed legal reasoning or precedent is provided in the order excerpt.

Penalties / Settlements / Directions

  • Notice: Issue notice to be returned on or before 10‑08‑2026.
  • Stay: Invocation of the bank guarantee(s) is stayed until the next date of hearing.
  • Coercive Action: No coercive action shall be taken against the petitioner until the next hearing.

Corrective Actions & Future Obligations

  • Parties must comply with the stay on bank guarantee invocation.
  • The petitioner must ensure the notice is returned by the stipulated date.
  • The Court retains jurisdiction to hear further submissions on or after the next hearing date.

Final Ruling & Enforcement

  • Order dated 26‑05‑2026, signed digitally by the Court Master.
  • The stay and notice directions are enforceable immediately and remain in effect until the next hearing.