Case Details

  • Case Name: Industrial Asset Transaction Service Pvt Ltd vs Satish Kumar Gupta & Ors.
  • Civil Appeal No.: 8087/2026.
  • Interlocutory Application No.: IA No. 164097/2026 (stay application).
  • Court: Supreme Court of India.
  • Bench: Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Narasimha.
  • Date of Hearing: 27-05-2026.
  • Period of dispute: Not specified in the order.

Parties Involved

  • Appellant: Industrial Asset Transaction Service Pvt Ltd, represented by senior advocates S. Niranjan Reddy, Nikhil Goel, Vinod R. Kothari, P. S. Sudheer, Rishi Maheshwari, Anne Mathew, Meet Sawant, Pratik Tomti, Bharat Sood, Jashan Vir Singh.
  • Respondents: Satish Kumar Gupta & Ors., represented by senior advocate Ritin Rai, and counsel Petrushka Dasgupta, Mridul Yadav, Krishna Baruah, Kewal Buddhdev, Pallavi Pratap, Sunil Fernandes, Dr. Dhirajkumar Totala, Raghav Chadha, Nishant Upadhyay, Vasudha Jain, Kailash Ram, Mehak Nayak, Anjali Singariya, Sonali Jain.

Issues / Allegations / Violations

  • The appellant filed a stay application (IA No. 164097/2026) seeking relief against an undisclosed order. Specific allegations or grounds were not detailed in the order.

Findings & Observations

  • The Court held that it was not inclined to interfere with the impugned order under Article 136 of the Constitution of India.
  • No substantive examination of the merits of the stay application was undertaken.

Penalties / Settlements / Directions

  • No monetary penalties or settlements were imposed.
  • The interlocutory application(s), if any, were disposed of alongside the dismissal of the appeal.

Corrective Actions & Future Obligations

  • No specific corrective actions or future compliance obligations were directed by the Court.

Final Ruling & Enforcement

  • The Civil Appeal No. 8087/2026 is dismissed.
  • The stay application is rejected and the lower court’s order remains in force.