Authority: Supreme Court of India
Order Date: 14-07-2026
Case Overview
- Parties: IMR Metallurgical Resources AG (petitioner) vs Hindustan Newsprint Ltd. & Ors. (respondents).
- Origin: Petition under Special Leave to Appeal (C) No. 22906/2026 arising from impugned final judgment and order dated 16-02-2026 in FA No. 277/2012 of the High Court of Kerala, Ernakulam.
- Nature: Dispute over quantum of damages awarded by the trial court and affirmed by the High Court.
Order Details
1. Issue notice limited to the point of quantum of damages awarded by the trial court, as affirmed by the High Court.
2. Unconditional stay of the decree awarding damages for a period of two months.
3. Petitioner may deposit the decretal sum with the Registry within two months; if deposited, the stay continues till next hearing.
4. Failure to deposit within two months renders the stay inoperative.
5. Upon deposit, the Registry shall invest the amount in a short‑term fixed‑deposit interest‑bearing account of a nationalised bank on auto‑renewal basis until further order.
6. The Special Leave Petition is to be re‑listed in November 2026.
Final Outcome
The decree awarding damages is stayed for two months subject to deposit of the awarded sum; deposit triggers continued stay and investment of funds, while non‑deposit lifts the stay. The petition will be heard again in November 2026.
Topics: Legal Proceedings, Damages Stay