Authority: Supreme Court of India
Order Date: 13-08-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 28134/2026 filed by IndusInd General Insurance Company Limited (formerly Reliance General Insurance Company Limited) against the Union Territory of Jammu and Kashmir.
- The petition arises from an interim order dated 15‑07‑2026 issued by the High Court of Jammu & Kashmir and Ladakh in ARBP No. 60/2026, which directed the petitioner to furnish a bank guarantee by 15 August 2026.
- The petitioner, through senior counsel Mr. Niranjan Reddy, requested a four‑week extension to comply with the guarantee requirement.
Court Observations
- The Court stated it is not inclined to interfere with the impugned order.
- However, recognizing the petitioner's request, the Court ordered an extension of the deadline for furnishing the bank guarantee.
Final Outcome
- The deadline for furnishing the bank guarantee is extended to 15 September 2026.
- The petitioner must submit an undertaking to the Court within two days confirming that the guarantee will be furnished on or before the extended date.
- The Special Leave Petition is disposed of in these terms, and any pending applications, if any, are also disposed of.
Topics: Bank Guarantee, Insurance, Judicial Order