Case Name: The India Sugars and Refineries Limited vs. IFCI Limited & Ors.
Petition Type: Special Leave Petition (Civil) Diary No. 29858/2026.
Origin: Arising out of impugned final judgment and order dated 10‑02‑2026 in IA No. 1/2025 of the High Court of Karnataka, Bengaluru.
Court: Supreme Court of India, Partial Court Working Days Bench.
Bench: Hon’ble Mr. Justice Dipankar Datta, Hon’ble Mr. Justice Satish Chandra Sharma, Hon’ble Mr. Justice Sanjeev Sachdeva.
Date of Hearing / Order: 02‑06‑2026.
Order Reference: Digitally signed by Jatinder Kaur on 2026‑06‑02 17:09:17 IST (Signature not verified).
Parties Involved
Petitioner: The India Sugars and Refineries Limited.
Respondents: IFCI Limited and others (ORS.).
Petitioner’s Counsel: Senior Advocate Rajesh Chandra Rohra, Balaji Srinivasan, Advocate on Record Harshavardhan B. Sharma, Advocates Amrit Sharma, Smitha.
Respondent’s Counsel: (Not listed in the record).
Issues / Allegations / Violations
Petition sought condonation of delay in filing IA No. 1/2025 before the High Court of Karnataka.
No substantive allegations of statutory violation are detailed; the primary relief sought was permission to withdraw the petition and to pursue the remedy through appropriate legal channels.
Findings & Observations
The Court, after hearing, noted the petitioner's request to withdraw the SLP and granted liberty to pursue the remedy in accordance with law.
No determination on the merits of the underlying IA or the High Court’s order was made.
Penalties / Settlements / Directions
The Court directed that the Special Leave Petition be dismissed as withdrawn.
No monetary penalty, disgorgement, or settlement amount was imposed.
Corrective Actions & Future Obligations
The petitioner is granted liberty to pursue its remedy in accordance with law, implying that any further relief must be sought through appropriate procedural avenues (e.g., filing a fresh application before the High Court).
Final Ruling & Enforcement
The Special Leave Petition (Civil) No. 29858/2026 is dismissed as withdrawn.
The order is effective immediately, with the petitioner's liberty to seek further relief as per legal provisions.
