Authority: Supreme Court of India
Order Date: 28 Oct 2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 37585/2026 filed by M/S Grandneuer Fashions challenging the impugned final judgment and order dated 23‑09‑2026 in WA No. 1872/2026 of the High Court of Judicature at Madras.
- Respondents: The Authorised Officer, Punjab National Bank & Anr.
- Related Interim Applications: IA No. 329212/2026 seeking exemption from filing copy of the impugned judgment; IA No. 329211/2026 seeking permission to file additional documents, facts, and annexures.
- Hearing held on 27‑10‑2026 before a bench comprising Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Sri Narasimha, and Hon'ble Mr. Justice Alok Aradhe.
- Counsel for petitioner: Mr. Rana Mukherjee (Senior Advocate), Ms. Daisy Hannah (Advocate), Ms. Oindrila Sen (Advocate on Record), Ms. Sneha Ahmed (Advocate), Ms. Vashita Ahuja (Advocate).
Order
1. Issue notice, returnable on 06‑11‑2026.
2. Permission granted to file additional documents (referred to as “Dasti”).
3. The conduct of the auction of assets will be subject to the final decision in the present Special Leave Petition.
Final Outcome
The Supreme Court directed that a notice be issued and returned by 6 November 2026, allowed the petitioner to submit further documents, and conditioned any auction of assets on the ultimate resolution of the Special Leave Petition.
Topics: Special Leave Petition, Bank Asset Auction, Supreme Court Order