Case Details

  • Transfer Petition (Criminal) No. 522/2026 filed by Rafiqul Myrthong & others against IndusInd Bank Limited.
  • Court: Supreme Court of India, Hon’ble Mr. Justice Sanjay Kumar.
  • Order dated 19-05-2026 (hearing) and digitally signed on 22-05-2026.
  • Related IA No. 150758/2026 (stay application) and reference to Case No. CS/349075/2025.

Parties Involved

  • Petitioners: Rafiqul Myrthong and associates.
  • Respondent: IndusInd Bank Limited.
  • Counsel for petitioners: Ms. Priyanka Das, Ms. Megha Karnwal, Mr. Rituraj Choudhary, Ms. Nishat Nafisa Ahmed, Ms. Ompriya Dutta.
  • Counsel for respondent: (not listed).
  • Court officials: Deputy Registrar Court Master Deepak Guglani, Nikita Singh.

Issues / Allegations / Violations

  • Petition seeks stay of criminal proceedings and issuance of notice to the respondent.
  • No specific allegation detailed in the order; focus is procedural stay.

Findings & Observations

  • The Court observed that no part of the cause of action arose in the State of West Bengal.
  • Consequently, it directed procedural measures without addressing substantive merits.

Penalties / Settlements / Directions

  • Direction to issue a notice, returnable on 03-08-2026, to be served by all modes including dasti.
  • Stay of further proceedings in Case No. CS/349075/2025 (IndusInd Bank Limited vs. M. Rafiqul) pending before the Judicial Magistrate, 9th Court, Kolkata, until the next hearing.

Corrective Actions & Future Obligations

  • Parties must comply with the notice issuance and service requirements.
  • The stay remains in effect until the next scheduled hearing of the Kolkata magistrate case.

Final Ruling & Enforcement

  • The Supreme Court order is enforceable; non‑compliance may attract contempt proceedings.
  • The notice return date is fixed as 03-08-2026, and the stay continues as directed.