Jamnadas Morajee Finance Adjourned Over Undervalued Sales

Authority: Supreme Court of India

Order Date: 15 July 2026

Case Overview

• Parties: M/S JDA Projects & ANR (non‑applicant) vs M/S Jamnadas Morajee Finance Pvt. Ltd (applicant) in Miscellaneous Application No. 74/2026, SLP(Crl) No. 2018/2024.
• Hearing held on 14‑July‑2026 before a bench of Hon’ble Mr. Justice Sanjay Kumar and Hon’ble Mr. Justice K. Vinod Chandran.
• Applicant’s counsel, Mr. Sandeep Bajaj, informed the Court that certain sales had been effected at values below market price and sought time to file a detailed application with supporting material.
• No counsel appeared for the non‑applicant, M/S JDA Projects & ANR.

Final Outcome

• The Court adjourned the matter to allow the applicant’s counsel to prepare and file the requested application.
• A stay on any further sales was ordered pending consideration of the application.
• The Registry was directed that a special bench is not required; the case can be listed before the regular bench that includes Justice K. Vinod Chandran.

Topics: Court Order, Undervalued Asset Sale, Stay Order