Authority: Supreme Court of India
Order Date: 17-07-2026
Case Overview
- Petitioners: National Glass House & Another (ANR); Respondents: Kotak Mahindra Bank Ltd.
- The matter is Transfer Petition (Criminal) No. 677/2026, seeking transfer of a criminal case filed under Section 138 of the Negotiable Instruments Act.
- Counsel for the petitioner cited the Court’s earlier decision dated 13‑Nov‑2025 in Transfer Petition (Crl.) No. 204‑205/2025, where similar cases were transferred to the court handling the Debt Recovery Tribunal (DRT) proceedings initiated by the bank.
- The respondent bank was directed to be served notice on the next day of hearing.
Order Details
1. The Court stayed the pending Criminal Case No. 3677/2023 titled “Kotak Mahindra Bank Ltd. vs. National Glass House & Another” before the Additional Chief Judicial Magistrate, Rajkot.
2. Notice to the respondent is to be issued and must be returned within four weeks.
3. The order was digitally signed by Priyanka Malik on 21‑Jul‑2026.
Final Outcome
- The criminal proceedings (Case No. 3677/2023) are temporarily halted pending further directions, and the bank must respond to the notice within the stipulated four‑week period.
Topics: Banking Law, Court Proceedings