Authority: Supreme Court of India
Order Date: 22-08-2026
Case Overview
- Parties: Indo Arya Logistics (Petitioner) vs Central Warehousing Corporation (Respondent).
- Origin: Petition arises from the impugned final judgment and order dated 10-03-2026 in FAO (COMM) No.75/2024 passed by the High Court of Delhi.
- Nature: Special Leave Petition (Civil) seeking relief against the High Court's decree; the petitioner requested condonation of delay in refiling/curing defects.
- Counsel: Petitioner represented by Sr. Adv. Rajiv Shakdhar and a team of advocates; Respondent counsel not detailed.
Observations & Directions
1. The Court heard senior counsel Mr. Rajiv Shakdhar for the petitioner.
2. The Court condoned the delay in filing/refiling the petition.
3. The Court issued a notice to be returned on or before 2 November 2026.
4. The parties were directed to complete pleadings in the interim.
5. The petitioner must deposit 100% of the award amount within four weeks in the Registry of the Court to obtain a stay of execution of the decree.
6. Upon deposit, the amount shall be kept in a short‑term fixed deposit in any nationalized bank on an auto‑renewal basis.
Final Outcome
- Delay in filing is formally condoned, allowing the petition to proceed.
- Execution of the decree is stayed conditionally, subject to the petitioner depositing the full award amount as directed.
- The deposited funds will be held in a short‑term FD, ensuring security while the matter is adjudicated.
Topics: Legal Procedure, Stay of Execution