Bangla Bijuli Power Secures Execution Stay

Authority: High Court at Calcutta (Civil Revisional Jurisdiction, Appellate Side)

Order Date: 24 September 2026

Case Overview

• Petition: Bangla Bijuli Power Technologies Pvt. Ltd. (petitioner) vs IDBI Bank Ltd. & Anr. (respondent), case numbers C.O. 4276 of 2023, CAN 1 of 2024, CAN 2 of 2024.
• Petitioners' counsel: Saptansu Basu (senior counsel), Sabyasachi Mukhopadhyay, Koushikee Banerjee, Sarbajit Choudhuri, Abhirup Das.
• Respondent's counsel: Arijit Bardhan, Shashwat Nayak, Gourab Mondal.
• The petitioner sought an interim order to protect against execution by the bank while appropriate proceedings challenging the court's decision are filed.
• The court disposed of the petition and pending applications, but considered the petitioner's request for a short‑term extension of protection.

Final Outcome

• The court directed that IDBI Bank Ltd. shall not press execution against Bangla Bijuli Power Technologies Pvt. Ltd. until 30 November 2026, or earlier if the petitioner files the appropriate legal proceedings challenging the court’s decision.

Topics: Legal Stay, Banking Dispute