Authority: Supreme Court of India

Order Date: 05-08-2026

Case Overview

  • Petition: Transfer Petition (Criminal) No. 353/2026 filed by M/S Sri Naga Sai Agencies & Anr against Hero Fincorp Limited.
  • Stay application IA No. 106433/2026 was before the Court.
  • Hearing held on 05-08-2026 before a two‑judge bench of Hon’ble Mr. Justice Ujjal Bhuyan and Hon’ble Mr. Justice Atul S. Chandurkar.
  • Respondent’s counsel submitted that several loan amounts, including the amounts in dispute with the petitioner, have been assigned to Kotak Mahindra Bank, and therefore Kotak Mahindra Bank may be impleaded as a respondent.

Final Outcome

  • The Court directed Hero Fincorp Limited to file an affidavit confirming the details of the loan assignment to Kotak Mahindra Bank.
  • The matter was listed for further hearing on 19-08-2026.

Topics: Loan Assignment, Court Order