Authority: Supreme Court of India

Order Date: 01-10-2026

Case Overview

  • Petitioners: M/S Asha Oil Industries & Anr.; Respondents: Uco Bank & Anr.
  • Origin: Special Leave Petition (Civil) Diary No. 24383/2026 arising from impugned final judgment and order dated 28-01-2026 in WP No. 31051/2025 passed by the High Court of Madhya Pradesh at Gwalior.
  • Applications before the Court: IA No. 285239/2026 (condonation of delay in refiling / curing defects), IA No. 287330/2026 (exemption from filing), IA No. 287329/2026 (stay application).
  • Hearing Date: 01-10-2026.
  • Bench: Hon'ble Mr. Justice M.M. Sundresh and Hon'ble Mr. Justice Prasanna B. Varale.
  • Counsel for Petitioners: Ms. Kamakshi S. Mehlwal (AOR), Ms. Geetanjali Mehlwal, Mr. Sanveer Mehlwal, Mr. Sandeep, Ms. Anjali, Mr. Govind Bali, Mr. Gagan.
  • Counsel for Respondents: Mr. Yashwant Singh (AOR), Mr. Brijesh Kumar Tamber (AOR), Mr. Vinay Singh Bist, Mr. Vaibhav Krishna Dayma.

Final Outcome

  • The Court condoned the delay in filing the petition.
  • No ground was found to interfere with the impugned order passed by the High Court.
  • The Special Leave Petition was dismissed.
  • All pending applications, if any, stand disposed of.

Topics: Legal Proceedings, Banking, Oil & Gas