Authority: Supreme Court of India
Order Date: 16-09-2026
Case Overview
- Petitioner: Haryana State Cooperative Supply and Marketing Federation Ltd. (HAFED)
- Respondent: M/s National Collateral Management Service Ltd.
- The petition is Special Leave Petition (C) No. 21206/2023, arising from the impugned final judgment and order dated 18‑08‑2023 in CR No. 4162/2023 of the High Court of Punjab & Haryana, Chandigarh.
- Several interim applications were listed: IA No. 167259/2024 (condonation of delay), IA No. 84452/2026 (early hearing), IA No. 194350/2023 (exemption from filing C/C of the impugned judgment), IA No. 88716/2024 (permission to file additional documents/facts/annexures), IA No. 278025/2024 (permission to file additional documents/facts/annexures).
- The matter was heard before a two‑judge bench of Hon’ble Mr. Justice Sanjay Kumar and Hon’ble Mr. Justice Sanjeev Sachdeva on 16‑09‑2026.
Final Outcome
- The Court noted that Civil Revision No. 5746/2023 is pending before the High Court concerning the rejection of HAFED’s stay application under Section 34 of the Arbitration and Conciliation Act, 1996.
- The Court directed that HAFED must pursue the pending revision to its logical conclusion.
- The Special Leave Petition is disposed of, permitting the petitioner to take recourse to the pending revision.
- The dismissal of the SLP and the observations in the impugned order shall not affect the pending revision, which will be considered on its own merits and in accordance with law.
- Any pending applications, if any, are stood disposed of.
Topics: Legal Procedure, Arbitration