Authority: Supreme Court of India (Registrar Court)
Order Date: 02 July 2026
Case Overview
- Petition: Miscellaneous Application No. 1940/2026 in C.A. No. 3623/2022 filed by M/S G.L. Engineering Industries Pvt. Ltd (Petitioner) against Supreme Engineering Ltd (Respondent) seeking directions for renewal of a Fixed Deposit Receipt (FDR).
- Hearing was conducted before Registrar Mrs. Kaveri on 02‑07‑2026.
- The petitioner had previously been granted an opportunity to file proper security, as per the Court’s order dated 16‑May‑2026, but failed to do so.
- Counsel for the petitioner (Mr. Malak Manish Bhatt) did not submit the required security, leading the Court to direct further procedural steps.
Final Outcome
- The Court ordered that the FDR be renewed for a further period of one year from its maturity date.
- Because the petitioner has not filed the required security, the Registry is instructed to process the matter for listing before a Judge in Chambers for necessary further directions.
- A copy of the Record of Proceedings is to be furnished to the concerned Advocate‑on‑Record for information and compliance.
- The order was digitally signed by Registrar Rupam Dhamija on 02‑07‑2026 at 17:12:59 IST.
Topics: Fixed Deposit Renewal, Court Order, Corporate Finance