Authority: Supreme Court of India

Order Date: 23-07-2026

Case Overview

  • Parties: Apex Heights Pvt. Ltd (Petitioner) vs. Ram Kishor Arora & Anr (Respondents).
  • Multiple intervening applications listed: IA No. 107113/2026, IA No. 135151/2026, IA No. 117886/2026, IA No. 119506/2026, IA No. 135150/2026, IA No. 118101/2026, IA No. 114703/2026, and C.A. No. 6671/2026 (XVII‑B) with various IA numbers (e.g., IA No. 109286/2026, IA No. 130052/2026, IA No. 112166/2026, IA No. 131013/2026, IA No. 117043/2026).
  • Hearing held on 23‑07‑2026 before Hon’ble Chief Justice, Justice Joymalya Bagchi and Justice V. Mohana.
  • Counsel for petitioner included Mr. Sahil Sethi, Mr. Samriddh Bindal, Mr. Vikash Kumar, among others; counsel for respondents comprised a long list of senior advocates and AORs.

Observations & Directions

1. Amicus Curiae submitted a fresh report dated 23.07.2026, which the Court took on record.

2. The Court directed that a copy of the Amicus report be handed to counsel representing the ex‑management of M/s. Supertech Limited.

3. The Court further instructed the Amicus Curiae to provide a soft copy of the report to counsel for the home‑buyers and to counsel for the authorities of Noida, Greater Noida, etc.

4. The Amicus Curiae prayed for issuance of certain interim directions; the Court inclined to issue those directions while granting home‑buyers a one‑week period to file any objections to the report.

5. Notice was ordered to be issued to the Reserve Bank of India (RBI) and to Union Bank of India (the lender), directing both to appear before the Court on 06.08.2026.

6. Referring to the Court’s earlier order dated 20.04.2026, the Amicus Curiae submitted a self‑speaking report verifying the counter‑claim of the Residence Welfare Association against the appellant(s); this report was also taken on record, and a soft copy may be supplied to the parties’ counsel.

7. The matter is scheduled for further consideration on 06.08.2026.

Final Outcome

  • The Supreme Court accepted the Amicus Curiae’s fresh report, ordered its dissemination to relevant parties, granted a one‑week objection window for home‑buyers, issued notices to RBI and Union Bank of India to appear on 06‑08‑2026, and set the next hearing date for that same day, thereby advancing the proceedings on the underlying real‑estate dispute and associated financial claims.

Topics: Court Proceedings, Real Estate Dispute, Banking Regulation