Authority: Supreme Court of India

Order Date: 25-08-2026

Case Overview

  • Petition for Special Leave to Appeal (C) No.29515/2026 filed by M/S Kotak Mahindra Bank Ltd, arising from the impugned final judgment and order dated 05-08-2026 passed by the High Court of Karnataka at Bengaluru in WP No.23534/2026.
  • Respondents: M/S M.A Computers Pvt Ltd & Ors., who had earlier challenged orders of the Debt Recovery Tribunal (DRT‑I), Chennai, through a writ petition before the Karnataka High Court.
  • The Supreme Court observed that High Courts should be loath and circumspect in exercising writ jurisdiction when the matter originates from DRT orders, reiterating prior pronouncements.
  • The Court directed that a notice be issued to the respondents, to be returned within four weeks, and permitted service by dasti (hand‑delivery).
  • An interim stay was granted on the operation of the impugned order passed by the High Court pending further proceedings.

Final Outcome

  • The impugned High Court order is stayed pending resolution of the petition.
  • Respondents must file their response to the notice within four weeks.
  • Dasti service of documents is allowed as per the Court’s direction.

Topics: Debt Recovery, Banking Litigation