Period of violation/dispute: Relates to impugned final judgment and order dated 11‑12‑2024 in WP No. 16372/2019 of the High Court of Madhya Pradesh
Parties Involved
Petitioners: Madhya Pradesh Financial Corporation
Respondents: Avalanche Multi Trading Private Limited
Counsel for petitioner: Mr. Vikrant Singh Bais (AOR), Ms. Neema Singh, Adv. Mohsin Ali, Adv. Sumit Kumar Sharma
Counsel for respondent: Ms. Christi Jain (AOR), Mr. Puneet Jain, Sr. Adv. Akriti Sharma, Adv. Harsh Jain, Adv. Arjun Kanadi, Adv. Om Sudhir Vidyarthi, Adv. Aditya Jain, Adv. Siddharth Jain
Bench: Hon’ble Mr. Justice Sanjay Kumar, Hon’ble Mr. Justice K. Vinod Chandran
Issues / Allegations / Violations
Petition seeks special leave to appeal the High Court’s final judgment and order dated 11‑12‑2024 in WP No. 16372/2019.
Respondent filed IA No. 109881/2025 requesting exemption from filing O.T. and IA No. 59157/2025 seeking permission to file additional documents, facts, and annexures.
Findings & Observations
The Court did not issue substantive findings on the merits; it addressed only the procedural request for adjournment.
Penalties / Settlements / Directions
No monetary penalties, settlements, or sanctions were ordered in this hearing.
Corrective Actions & Future Obligations
Adjournment granted to respondent; hearing re‑listed for 21‑09‑2026.
Earlier interim order dated 17‑03‑2025 continues to operate until the next hearing.
Both parties may file written submissions before 21‑09‑2026.
Final Ruling & Enforcement
The Court accepted the respondent’s adjournment request and scheduled the next hearing for 21‑09‑2026.
No further enforcement actions were taken at this stage.
