This order is not relevant to stocks, companies, markets, or the economy. Below is a short summary of the judgement:

Case Details

  • Case name: National Insurance Co. Ltd v. Electricity Company of Ghana Ltd & Anr.
  • Civil Appeal No.: 431/2016
  • IA No.: 2/2016 (stay application)
  • Court: Supreme Court of India
  • Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha, Hon'ble Mr. Justice Aravind Kumar (Partial Court Working Days Bench)
  • Date of hearing: 04-06-2026

Parties Involved

  • Appellant: National Insurance Co. Ltd, represented by Adv. Yogesh Malhotra, Adv. Sushant Kishore, Adv. Gaurav Sharma (AOR)
  • Respondent: Electricity Company of Ghana Ltd & Anr., represented by Adv. R.C. Kaushik (AOR)

Issues / Allegations / Violations

  • The appellant sought a stay of the proceedings (IA No.2/2016) in the civil appeal.

Findings & Observations

  • The Court heard arguments from counsel and did not issue a substantive ruling on the stay.

Penalties / Settlements / Directions

  • The Court ordered that the matter be listed after partial Court working days; no monetary penalties or substantive orders were made.

Corrective Actions & Future Obligations

  • Parties to appear on the next listed date as directed by the Court.

Final Ruling & Enforcement

  • The stay application remains pending; the case is scheduled for further hearing.