Authority: Supreme Court of India
Order Date: 18-09-2026
Case Overview
- Appellant: Mercator Limited (in liquidation); Respondents: New India Assurance Co. Ltd. and others.
- Civil Appeal No. 12154/2026 and IA No. 266025/2026 concerning a stay application.
- Bench: Justices Prashant Kumar Mishra and Shree Chandrashekhar.
- Counsel for appellant: Senior Advocates Ranjit Kumar, Daksh Kadian, Aadya Khanna, Aamir Hussain, Vaibhav Dash, Mishi Gupta, Narain Rashika Ashok (AOR).
- Counsel for respondents: Senior Advocate Preetesh Kapur, Adv. Aditya Kumar, Adv. Yash Kotak (AOR), Ila Nath (AOR).
Final Outcome
- Court ordered issuance of notice, returnable on 17‑11‑2026.
- Advocate Yash Kotak, on behalf of respondents, accepted the notice and committed to file a counter‑affidavit within four weeks.
Topics: Insolvency, Insurance, Court Proceedings