Case: M/S G.L. Engineering Industries Pvt. Ltd. v. Supreme Engineering Ltd.
Miscellaneous Application No. 1667/2026 in Civil Appeal No. 3623/2022.
Court: Supreme Court of India, Civil Appellate Jurisdiction.
Order date: 26-05-2026.
Period of dispute: Not specified.
Parties Involved
Appellant: G.L. Engineering Industries Pvt. Ltd.
Respondent: Supreme Engineering Ltd.
Petitioner's counsel: Anand Shankar (Advocate on Record), Amit Kumar (Advocate), Debashis Mukherjee (Advocate), Pratap Sampat (Advocate).
Respondent's counsel: Atman Mehta (Advocate), Mohit D. Ram (Advocate on Record), Nayan Gupta (Advocate).
Issues / Allegations / Violations
The appellant failed to provide proper security satisfactory to the Registrar (Judicial) for the withdrawal of the amount deposited by the respondent, as required by an earlier Court order.
Findings & Observations
The Court observed the appellant’s non‑compliance with the security requirement and noted that the matter required immediate resolution.
Penalties / Settlements / Directions
The Court granted the appellant a final opportunity to furnish the required security within four weeks from the date of the order (i.e., by 23‑June‑2026).
The miscellaneous application No. 1667/2026 is hereby disposed of.
Corrective Actions & Future Obligations
The appellant must comply with the security requirement within the stipulated four‑week period to enable the withdrawal of the deposited amount.
Final Ruling & Enforcement
The order was signed by Hon’ble Justices Sanjay Kumar and K. Vinod Chandra.
The Court’s direction is enforceable, and failure to comply may result in further judicial action.
