Authority: Supreme Court of India
Order Date: 22-06-2026
Case Overview
- Petitioner: National Spot Exchange Ltd filed Writ Petition (Civil) No. 995/2019 against Union of India & others.
- Respondents: Union of India and other parties.
- Bench: Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Joymalya Bagchi (Partial Court Working Days Bench).
- The petition was heard on 22 June 2026; counsel for both sides appeared.
- The Court found no urgency in the matter.
Final Outcome
- The Court adjourned the proceedings without further hearing.
- The Court directed that an amount of Rs 2.23 crore be deposited by the petitioner in an interest‑bearing fixed‑deposit account with any nationalised bank for an initial period of one year, with automatic renewal.
Topics: Legal Proceedings, Financial Regulation