This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:

  • Petitioners: Jhalak Constructions filed Special Leave to Appeal (C) Nos.16886‑16887/2026 against Ulhasnagar Municipal Corporation & Ors.
  • Origin: Impugned final judgment and order dated 29‑04‑2026 of the High Court of Bombay (WP No.14342/2024, IA No.568/2025).
  • Court: Supreme Court of India, Coram Justices Vikram Nath and Sandeep Mehta, hearing on 27‑05‑2026.
  • Order: Notice to be issued only to Respondent No.3; Respondents 1 and 2 exempted from notice. Counter affidavits filed by Respondents 1 and 2; Respondent 3 to file counter affidavit within four weeks. Matter listed again for 28‑July‑2026. Interim protection order dated 12‑05‑2026 continues.