Authority: Supreme Court of India
Order Date: 29-07-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 32526/2017 filed by Kotak Mahindra Bank Limited against M/s Ashok Iron and Steel Rolling Mills & Ors., arising from the final judgment and order dated 18‑07‑2017 in SPLA No. 342/2017 passed by the Allahabad High Court.
- The petition also includes SLP(C) No. 35716/2017 (XI) seeking substitution of applications IA 162571/2021 and IA 162572/2021 for condonation of delay in filing the substitution applications.
- Counsel for the petitioner comprised senior advocates Rohit Sharma, Nikhil Purohit, Jatin Lalwani, Sabarni Som, Aman Dev Sharma, A.S.L.N. Raju and others; counsel for the respondents included Pawanshree Agrawal, Kamana Divya Sree, Kriti Jain, and Suresh Dutt Dobhal.
- The matter was heard before a bench of Hon’ble Mr. Justice Satish Chandra Sharma and Hon’ble Mr. Justice Nongmeikapam Kotiswar Singh.
Final Outcome
- The Court, at the joint request of learned counsel for both parties, ordered that the matter be listed for hearing in the following week.
- No substantive order on the merits of the petition or the substitution applications was issued.
Topics: Legal Proceedings, Banking Litigation