Case Details

  • Case Name: Transfer Petition (Criminal) Diary No. 18630/2026
  • Parties: Krishna Pharmaceuticals (through proprietor & others) – Petitioner; Eris Lifesciences Ltd – Respondent
  • Court/Authority: Supreme Court of India, Partial Court Working Days Bench
  • Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha, Hon'ble Mr. Justice Aravind Kumar, Hon'ble Mr. Justice Shree Chandrashekhar
  • Order/IA Numbers: IA No. 165040/2026 (Condonation of Delay in Refiling), IA No. 165037/2026 (Ex-Parte Ad-Interim Relief), IA No. 165038/2026 (Exemption from Filing O.T.)
  • Date of Order: 02‑06‑2026
  • Period of Dispute: Issues relate to pending Complaint Cases 30329 of 2024 and 30331 of 2024 filed in Ahmedabad Civil Court.

Parties Involved

  • Petitioner: Krishna Pharmaceuticals (represented by Ms. Kumud Lata Das, AOR Mr. Ravi Agrawal, and counsel Mr. Bibhuti Krishna, Mr. Ashutosh Saini, Mr. Harsh Ajay Singh, Mr. Puneet)
  • Respondent: Eris Lifesciences Ltd (no counsel listed)
  • Other Relevant Parties: Court of SCJ & A.C.J.M., Ahmedabad Civil Court; Nationalised bank for Fixed Deposit; Arrest warrant issuing authority under Section 138 of the Negotiable Instruments Act, 1881.

Issues / Allegations / Violations

  • Petition seeks condonation of delay in refiling the transfer petition and exemption from filing certain documents.
  • Complaint Cases 30329/2024 and 30331/2024 involve alleged dishonour of negotiable instruments, leading to warrants of arrest under Section 138 of the Negotiable Instruments Act, 1881.
  • Petitioners contend that the arrest warrants should be suspended pending disposal of the transfer petition.

Findings & Observations

  • The Court observed that the delay in refiling can be condoned and directed procedural compliance.
  • Recognised the petitioners' request to stay coercive actions, including arrest warrants, while the transfer petition remains pending.

Penalties / Settlements / Directions

1. Condonation of Delay: Delay in refiling is condoned.

2. Deposit Requirement: Petitioners must deposit Rs 6,00,000 (Six Lakhs) in the Court Registry within two weeks of the order.

3. Fixed Deposit Instruction: The deposited amount shall be placed in an interest‑bearing Fixed Deposit for an initial period of six months in a nationalised bank, on an auto‑renewal basis.

4. Stay of Proceedings: Pending disposal of the Transfer Petition, there shall be a stay on further proceedings in Complaint Case No. 30329 of 2024 (Eris Lifesciences Ltd vs. Krishna Pharmaceuticals) before the Ahmedabad Civil Court.

5. Suspension of Arrest Warrants: Any warrants of arrest issued in Complaint Cases 30329/2024 and 30331/2024 shall be suspended, and no coercive steps shall be taken against the petitioners.

Corrective Actions & Future Obligations

  • Petitioners must comply with the deposit of Rs 6,00,000 within the stipulated two‑week period.
  • The deposited amount will be managed as a Fixed Deposit, accruing interest, and may be utilized as directed by the Court in future proceedings.
  • Both parties must await the final disposal of the Transfer Petition before any further action in the related complaint cases.

Final Ruling & Enforcement

  • The Supreme Court ordered condonation of the filing delay, imposed a monetary deposit, directed its investment in a Fixed Deposit, and stayed further proceedings and arrest warrants in the related complaint cases.
  • The matter is listed for further hearing on 11‑09‑2026 (List D.No. 18189 of 2026).
  • Non‑compliance with the deposit requirement may result in further contempt or procedural sanctions as per Court discretion.