Authority: Supreme Court of India
Order Date: 01-10-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 38395/2025 filed by M/S. Margadarsi Chit Fund Pvt. Ltd against Subbirreddygari Swaroopa, arising from the impugned final judgment and order dated 08‑09‑2025 in IA No. 1/2025 of the High Court for the State of Telangana at Hyderabad.
- The petition also seeks admission of IA No. 8034/2026 (permission to file additional documents/facts/annexures) and IA No. 303311/2026 (deletion of respondents Nos. 2‑5).
- The matter was listed before a two‑judge bench comprising Hon’ble Mr. Justice Sanjay Kumar and Hon’ble Mr. Justice Sanjeev Sachdeva. Counsel for the petitioner were Mr. Byrapaneni Suyodhan, Ms. Obulapuram Keerthi and Ms. Tatini Basu (AOR). Counsel for the respondent was Mr. Akshay Sahay (AOR).
Order
- The Court accepted the respondent’s request for adjournment on the ground of ill health and adjourned the matter.
- IA No. 303311/2026 seeking deletion of respondents Nos. 2‑5 was ordered, with the deletion taking effect at the sole risk and peril of the petitioner/applicant.
- The cause title shall be amended within two weeks of the order.
- The case is re‑listed for hearing on 18‑12‑2026.
- The earlier interim order dated 23‑01‑2026 remains operative until the next hearing.
Final Outcome
- The appeal is postponed to 18 December 2026; the deletion of respondents 2‑5 is permitted; the cause title must be amended promptly; and the prior interim order continues to govern the proceedings.
Topics: Legal Proceedings, Chit Fund Regulation