Canara Bank Stay Application Listed for Disposal

Authority: Supreme Court of India

Order Date: 03-08-2026

Case Overview

• Civil Appeal Nos. 6719‑6720/2026 filed by Canara Bank (appellant) against Bhavesh Mansukhbai Rathod, Interim Resolution Professional, and others (respondents).
• The matter concerned a stay application (IA No. 130861/2026) arising from insolvency proceedings involving the respondents.
• The bench comprised Hon’ble Mr. Justice Pamidighantam and Hon’ble Mr. Justice Alok Aradhe.
• Counsel for the appellant included Solicitor General Mr. Tushar Mehta and a team of advocates; respondents were represented by senior advocate Mr. Shyam Divan and a panel of lawyers.

Final Outcome

• The Court ordered that the matter be listed for final disposal on 07‑09‑2026.

Topics: Banking Insolvency, Supreme Court Proceedings