Authority: Supreme Court of India
Order Date: 31 July 2026
Case Overview
- Petitioners: Maxworth Realty India Ltd & Ors.
- Respondents: Joint Registrar of Co‑operative Societies & Ors.
- Origin: Special Leave Petition (Civil) Diary No. 44947/2025 arising from the impugned final judgment and order dated 15‑04‑2025 in WA No. 792/2021 passed by the High Court of Karnataka, Bengaluru.
- Multiple Interim Applications (IA) were filed seeking condonation of delay, exemption from filing copies of the impugned judgment, and permission to file additional documents (IA Nos. 197959/2025, 202305/2025, 202308/2025, 205756/2025, 208680/2025, 208683/2025, 208685/2025, etc.).
- Counsel for petitioners included Mr. Pawan Reley (AOR), Mr. Akshay Lodhi, Mr. Tanish Rawat, Mr. Nishan Gk; for respondents, Mr. Amit Gupta (Sr. Adv.), Mr. Prateek Mehta, Ms. Megha Mehta, among others.
- The matter was listed for hearing on 31‑07‑2026 before Hon'ble Mr. Justice Vikram Nath and Hon'ble Mr. Justice Sandeep Mehta.
Order
- The respondents are directed to deposit the amount of Rs.1,00,00,000/- (Rupees One Crore) before the Registry of this Court within four weeks from the date of the order.
- The Registry is directed to invest the deposited amount in a fixed deposit account in a nationalised bank for a period of three months, which shall be renewed periodically.
- The matters are listed again for hearing on 08‑09‑2026.
Final Outcome
- Respondents must deposit Rs 1 crore within four weeks; the funds will be placed in a three‑month renewable fixed deposit, and the case will be revisited on 8 September 2026.
Topics: Court Order, Real Estate Litigation