Case Details

  • Petition: Kotak Alternate Opportunities India Fund & Ors. vs. Vandana Parvez & Ors.
  • Petition Numbers: Special Leave Petition (C) Nos. 18637‑18643/2026.
  • Court/Authority: Supreme Court of India.
  • Order/Case No.: Not specified; hearing on 27‑05‑2026.
  • Period of dispute: Relates to High Court judgments dated 09‑04‑2026 in CMSA Nos. 35/2024, 36/2024, 38/2024, 39/2024, 40/2024, 41/2024, and 8/2025.

Parties Involved

  • Petitioners: Kotak Alternate Opportunities India Fund & Ors.
  • Respondents: Vandana Parvez & Ors.
  • Court: Supreme Court of India.
  • Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha, Hon'ble Mr. Justice Alok Aradhe.
  • Court Master: Abhinav Kumar, Nidhi Wason (Assistant Registrar).

Issues / Allegations / Violations

  • Petitioners challenge the final judgment and order dated 09‑04‑2026 passed by the High Court of Judicature at Madras, Chennai, across multiple CMSA matters (Nos. 35/2024, 36/2024, 38/2024, 39/2024, 40/2024, 41/2024, 8/2025).
  • Specific allegations or grounds of challenge are not detailed in the order excerpt.

Findings & Observations

  • The Supreme Court, after hearing counsel, decided to issue a notice to the respondents and stay the operative part of the High Court judgment as it pertains to the petitioners, pending disposal of the Special Leave Petition.

Penalties / Settlements / Directions

  • No monetary penalties, settlements, or fines were imposed in this procedural order.

Corrective Actions & Future Obligations

  • The Court directed that a notice be issued, returnable on 07‑08‑2026.
  • The stay of the High Court judgment is limited to the petitioners until the Special Leave Petition is finally disposed of.

Final Ruling & Enforcement

  • Order 1: Issue notice, returnable on 07‑08‑2026.
  • Order 2: Stay the High Court judgment and order dated 09‑04‑2026, only as regards the petitioners, pending disposal of the Special Leave Petition.
  • The order is to be enforced by the Court Master (Assistant Registrar) as indicated.