Case Details

  • Case Name: Ireo Grace Realtech Pvt Ltd vs Pankaj Taneja & Ors.; also Pankaj Taneja vs Ireo Grace Realtech Pvt Ltd & Ors.
  • Court: Supreme Court of India, Civil Appellate Jurisdiction.
  • Civil Appeal No.: 6244‑6245 of 2023 (counter‑appeal) and Diary No. 5753/2024 (appeal filed in 2026).
  • Diary No.: 5753/2024.
  • Date of Order: 26 May 2026 (record of proceedings dated 26‑05‑2026; order dated New Delhi May 26, 2026).
  • Applications listed: IA No. 47575/2024 (permission), IA No. 42711/2024 (condonation of delay), IA No. 22644/2025 (permission to file additional documents), IA No. 42709/2024 (stay application), IA No. 43328/2024 (permission), IA No. 192015/2023 (appropriate orders/directions).

Parties Involved

  • Appellant: M/S IREO GRACE REALTECH PRIVATE LIMITED.
  • Respondents: PANKAJ TANEJA, M/S PRECISION REALTORS PVT. LTD., M/S BLUE PLANET INFRA DEVELOPERS PVT. LTD., M/S MADEIRA CONBUILD PVT. LTD., M/S GLOBE ESTATE.
  • Counter‑appeal: Appellant PANKAJ TANEJA; Respondents IREO GRACE REALTECH PRIVATE LIMITED and the same set of companies listed above.
  • Learned counsel for petitioners: Mr. Debmalya Banerjee, Adv.; Mr. Rituraj Srivastava, Adv.; Mr. Puneet Relan, Adv.; Mr. Vipul Pathak, Adv.; Ms. Liza Vohra, Adv. (AoR Karanjawala & Co.).
  • Learned counsel for respondents: Ms. Rooh‑e‑hina Dua, AoR; Ms. Yashika Kapoor, Adv.; Ms. Ruchi, Adv.

Issues / Allegations / Violations

  • The parties jointly asserted that the underlying disputes had been settled amicably.
  • They sought permission to withdraw the pending civil appeals and requested condonation of procedural delay.

Findings & Observations

  • The Court, after hearing learned counsel, accepted the joint submission that the matters were settled.
  • It noted that the delay in filing was condoned.

Penalties / Settlements / Directions

  • No monetary penalties were imposed.
  • The Court directed that the civil appeals be dismissed as withdrawn.

Corrective Actions & Future Obligations

  • No further compliance measures, audits, or reporting obligations were stipulated beyond the dismissal of the appeals.

Final Ruling & Enforcement

  • The civil appeals (including Appeal No. 5753/2024 and Appeals 6244‑6245/2023) are dismissed as withdrawn.
  • The order was signed by Justices Ahsanuddin Amanullah and R. Mahadevan and placed on file by Court Master Sapna Bisht and Assistant Registrar Anjali Panwar.