Authority: Supreme Court of India
Order Date: 19 August 2026
Case Overview
- Petition for Special Leave to Appeal (SLP) No. 32526/2017 filed by Kotak Mahindra Bank Limited against M/s Ashok Iron and Steel Rolling Mills & Ors., arising from the impugned final judgment and order dated 18 July 2017 in SPLA No. 342/2017 of the Allahabad High Court.
- Concurrent SLP(C) No. 35716/2017 (XI) seeks substitution of Interim Application (IA) 162571/2021 and IA 162572/2021, requesting condonation of delay in filing the substitution applications.
- Hearing conducted on 19 August 2026 before a two‑judge bench comprising Hon’ble Mr. Justice Satish Chandra Sharma and Hon’ble Mr. Justice Nongmeikapam Kotiswar Singh.
- Counsel for the petitioner included Mr. Rohit Sharma, Adv. Nikhil Purohit, Adv. Samar Vijay Singh, AOR Mr. Jatin Lalwani, Adv. Sabarni Som, Adv. Aman Dev Sharma, Adv. Reba Jena Mishra, Adv. Amar Dave, Sr. Adv. Nirmal Goenka, AOR Mr. Abhinav Sharma, among others. Counsel for the respondents included Mr. Pawanshree Agrawal, AOR Mr. Divyanshu Agrawal, Adv. Kamana Divya Sree, Adv. Kriti Jain, Adv. Solanki Das, Adv. Suresh Dutt Dobhal, AOR Mr. Samar Vijay Singh, and others.
Final Outcome
- The Court, at the petitioner's request, ordered that the matters be listed for further hearing after a two‑week interval.
Topics: Banking Litigation, Supreme Court Procedure