This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:
- Petitioners: Balasaheb Parshuram Phengse & Ors.
- Respondents: The Nook Cooperative Housing Society Limited & Ors.
- Court: Supreme Court of India, Bench of Justices Vikram Nath and Sandeep Mehta.
- Nature of case: Special Leave Petition (C) No. 18073/2026 arising from the High Court judgment dated 28‑04‑2026.
- Outcome / Procedural order:
- Formal service of notice waived for respondent No.1; notice to be issued only to respondents 2 and 3.
- Respondents may file counter‑affidavits within four weeks from the order date (27‑05‑2026).
- Petitioners have two weeks thereafter to file a rejoinder affidavit, if any.
- The matter is listed for hearing on 21‑07‑2026.
- Parties are directed to maintain the status quo pending further filings.