Authority: Supreme Court of India
Order Date: 14-08-2026
Case Overview
- Petitioners: M/S Radhika Projects Private Limited; Respondents: M/S J B Homes Builders and Developers.
- The matter arises from a Special Leave to Appeal (C) No. 27954/2026, challenging the final judgment and order dated 04-08-2026 passed by the High Court for the State of Telangana (IA No. 3/2026).
- The dispute concerns a payment of Rs 1,02,50,000 (Rs 1.025 crore) that was agreed to be paid by 07‑08‑2026; the petitioner could not arrange the full amount.
- The petitioner sought permission to file additional documents/facts/annexures and requested a revised payment schedule.
- The Court, after hearing counsel, noted the inability to pay the full sum and considered the bona fides of the petitioner.
Final Outcome
- The Court ordered that the petitioner deposit Rs 25,00,000 (Rs 25 lakh) by 18‑08‑2026.
- The balance amount of Rs 77,50,000 is to be deposited on or before 25‑08‑2026.
- Execution proceedings against the respondent are stayed until the next date of hearing.
- The Court directed that a notice be issued, returnable in four weeks.
Topics: Legal Proceedings, Payment Dispute