Authority: Supreme Court of India
Order Date: 19-08-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 25709/2026, arising from the High Court of Karnataka’s final judgment dated 21‑04‑2026 in WP No. 9842/2024.
- Petitioner: M/s Computek India Limited & Ors; Respondent: State Bank of India & Anr.
- The petition challenges the operation of the High Court order and seeks relief against pending proceedings before Debt Recovery Tribunal‑II in case TA/1534/2017.
- Counsel for petitioners included Mr. Romil Pathak, Mrs. Rashmi Singh, Mr. Amit Kumar, Mrs. Neha Pathak, Mr. Aryan Pathak, Mr. Prashant Chaturvedi, Mr. Bharat Shandilia, Ms. Jagrati Singh (AOR). Bench comprised Justices M.M. Sundresh and Prasanna B. Varale.
Order Details
- The Court directed issuance of a notice, returnable on 19‑11‑2026.
- An interim stay was imposed on the operation of the impugned High Court order.
- The stay also extends to the further proceedings pending before Debt Recovery Tribunal‑II in TA/1534/2017.
Final Outcome
- The High Court order is stayed pending further hearing, and the DRT‑II proceedings are halted until the notice is returned.
Topics: Debt Recovery; Banking Litigation