National Insurance vs Cotton: Suitor Fund Held

Authority: Supreme Court of India

Order Date: 5 Oct 2026

Case Overview

• Applicant: National Insurance Company Ltd; Respondent: Cotton Corporation of India.
• Matter: Petition (Miscellaneous Application No.2680/2026 in C.A. No.4499/2024) concerning the suitor fund amount held by the Registry.
• Hearing was called on 1 Oct 2026 before Hon'ble Mrs. Justice V. Mohana (in chamber).
• Counsel for applicant: Mr. Guntur Pramod Kumar, AOR (N.P.); counsel for respondent not listed.
• The suitor fund amount is currently lying in the Registry awaiting withdrawal by the respondent.

Order

1. The Registry shall contact the learned counsel for the respondent to ascertain the correct address of the respondent, enabling the respondent to withdraw the suitor fund amount.

2. Until the correct address is obtained, the suitor fund amount shall be invested in a Fixed Deposit for a duration of three (03) months in any nationalised bank, on an auto‑renewal basis.

3. The matter shall be listed again after eight (8) weeks.

Final Outcome

• The suitor fund will remain in the Registry but be placed in a three‑month FD pending the respondent’s address verification; subsequent listing is scheduled for eight weeks later.

Topics: Legal Proceedings, Suitor Fund Management