Case Details

  • Case name: Edelweiss Asset Reconstruction Company Limited vs. Mohan Yeshwant Padawe & Ors.
  • Petition for Special Leave to Appeal (C) No.23049/2025, arising out of impugned final judgment dated 27-06-2025 in IA No.2168/2024.
  • Court: Supreme Court of India, Court No.7, Item No.51, Section IX-A.
  • Order date: 26-05-2026.
  • Listing date ordered: 28-07-2026.

Parties Involved

  • Petitioner: Edelweiss Asset Reconstruction Company Limited.
  • Respondents: Mohan Yeshwant Padawe and others (Ors.).
  • Counsel for petitioner: Mr. Neeraj Kishan Kaul, Sr. Adv.; Ms. Suchitra Valjee, Adv.; Mr. Nagarkatti Kartik Uday, AOR; Ms. Aditi Sharma, Adv.; Mr. Himalaya Chaudhari, Adv.; Ms. Palak Damani, Adv.; Mr. Shevaaz Khan, Adv.; Mr. Varun Tyagi, Adv.
  • Counsel for respondents: Mr. Shrirang B. Varma, Adv.; Mr. Siddharth Dharmadhikari, Adv.; Mr. Aaditya Aniruddha Pande, AOR; Mr. Suresh Chandra Tripathy, AOR; Mr. Ashok Kumar Panigrahi, Adv.; Ms. Shailja Kulshreshtha, Adv.; Ms. Misha Rohatgi, AOR; Mr. Nakul Mohta, AOR; Mr. Amulya Upadhyay, Adv.; Mr. Ayush Kashyap, Adv.; Ms. Sneha Menon, Adv.; Mr. Rajan Raj, Adv.; Ms. Mohini Priya, AOR; M/S. Parekh & Co., AOR; Mr. Shyam Divan, Sr. Adv.; Mr. S. Niranjan Reddy, Sr. Adv.; Mr. Sameer Parekh, Adv.; Mr. D.p. Mohanty, Adv.; Ms. Sreeparna Basak, Adv.; Mr. Jayant Bajaj, Adv.; Ms. Ruchi Krishna Chauhan, Adv.; Ms. Akshita Dogra, Adv.; Ms. Sana Jain, Adv.; Mr. Ankur Singhal, Adv.; Ms. Anshula Laroiya, Adv.
  • Bench: Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice Vijay Bishnoi.

Issues / Allegations / Violations

  • The order does not detail the specific issues or allegations; it pertains to a petition for special leave to appeal against a High Court judgment.

Findings & Observations

  • No substantive findings are recorded in the order; the Court directed procedural steps for service of respondents and set a future hearing date.

Penalties / Settlements / Directions

  • Directions: The matter is listed for hearing on 28 July 2026.
  • The Court instructed the petitioner’s counsel to take fresh steps to serve the unserved respondents before the next listing.

Corrective Actions & Future Obligations

  • Petitioner's counsel must ensure service of all respondents who remain unserved prior to the 28 July 2026 hearing.

Final Ruling & Enforcement

  • Order dated 26 May 2026 by the Supreme Court of India.
  • Case to be listed on 28 July 2026 for further hearing.
  • No monetary penalties or additional enforcement actions are specified in the order.