Authority: Supreme Court of India
Order Date: 28-09-2026
Case Overview
- Petitioners: Edelweiss Asset Reconstruction Company Limited (petitioner) vs. The Secretary (Industries and Commerce) & others (respondents).
- Origin: Petition for Special Leave to Appeal (C) No.30470/2026 arising from impugned final judgment and order dated 20-07-2026 in WP No. 3495/2026 of the Madras High Court.
- Applications: IA No. 264293/2026 – permission to appeal; IA No. 257053/2026 – exemption from filing copy/certificate of the impugned judgment.
- Counsel for petitioner included senior advocates Mr. Jaideep Gupta, Mr. Gaurav Agarwal, among others; counsel for respondents not listed.
- The petitioner relied on a "No Objection Certificate" (NOC) purportedly issued by Mr. P. Kothanda Pani, General Manager (Development), Pondicherry Industrial Promotional Development and Investment Corporation Limited.
- The NOC copy presented was a photocopy whose date of issuance could not be discerned.
Observations & Directions
1. The Court acknowledged reliance on the NOC but noted the date was not discernible from the photocopy.
2. The petitioner was granted liberty to approach Pondicherry Industrial Promotional Development and Investment Corporation Limited to obtain a legible copy of the NOC.
3. The special leave petition was ordered to be re‑listed for hearing on 26‑October‑2026.
Final Outcome
- The Court did not decide on the merits of the special leave petition; it directed the petitioner to secure a clear NOC copy and scheduled a further hearing on 26‑Oct‑2026.
Topics: Special Leave Petition, No Objection Certificate, Asset Reconstruction