Regulation And Legal
Canara Bank Seeks Delay Condonation
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
22nd May 2026
Case Details
- Case Name: Canara Bank & Ors. vs. M R Nagarajan (Special Leave Petition (Civil) No. 46569/2024)
- Court/Authority: Supreme Court of India
- Coram: Hon'ble Mr. Justice Pamidighantam Sri Narasimha, Hon'ble Mr. Justice Alok Aradhe
- Order/Diary No.: 46569/2024
- Date of Order: 22‑05‑2026
- Related High Court Order: Final judgment and order dated 13‑06‑2024 in WA No. 1337/2015
Parties Involved
- Petitioner(s): Canara Bank & Ors.
- Respondent(s): M R Nagarajan
- Counsel for Petitioners: Mr. Sanjoy Ghose (Sr. Adv.), Ms. Hetu Arora Sethi (AOR), Ms. Lalit Mohini Bhat, Adv., Mr. Siddarth Agarwal, Adv., Mr. Anirudh Bhat, Adv., Mr. Sanidhya Kumar, Adv.
- Counsel for Respondent(s): Mr. Lokesh Kumar, Adv., Mr. Kuldip Singh (AOR), Ms. Stuti Sharma, Adv., Ms. Anmol Kaur, Adv., Mr. Harish Nigam, Adv., Mr. Chandana Kamra, Adv.
Issues / Allegations / Violations
- Petition seeks condonation of delay for:
- IA No. 8154/2025 – Condonation of delay in filing
- IA No. 8155/2025 – Exemption from filing copy of the impugned judgment
- IA No. 8156/2025 – Condonation of delay in refiling / curing the defects
- The delay pertains to procedural filings after the High Court’s judgment dated 13‑06‑2024.
Findings & Observations
- The order does not elaborate on factual findings or legal reasoning; it merely schedules further proceedings.
Penalties / Settlements / Directions
- No monetary penalties or settlements were imposed in this order.
Corrective Actions & Future Obligations
- Directions: Parties are to file written submissions before the next hearing.
- Procedural Step: The matter is listed for final disposal on 18‑08‑2026.
Final Ruling & Enforcement
- The Supreme Court ordered the case to be listed for final disposal on 18 August 2026.
- Parties must submit written arguments in the interim.
- No further enforcement actions are specified beyond the scheduling and submission directive.