Authority: Supreme Court of India
Order Date: 18-09-2026
Case Overview
- Petition filed by Official Liquidator of M/s Natural Textiles Pvt. Ltd. (in liquidation) challenging the High Court of Karnataka’s final judgment dated 08‑01‑2026 in OSA No. 6/2024.
- Respondents are M/s Benetton India Pvt. Ltd. and others, including a proforma Respondent No. 3 that had not been served.
- The petitioner sought deletion of the unserved proforma respondent; Respondent No.1 sought four weeks to file a counter‑affidavit.
Court Observations & Directions
- The Court granted Respondent No.1 a four‑week extension to file its counter‑affidavit.
- Noting that Respondent No.3 had not been served and is a proforma respondent, the Court ordered its deletion at the petitioner’s risk and cost.
- The petitioner must file an amended memo of parties within four weeks of this order.
- The matter is listed for further hearing on 07‑12‑2026.
Final Outcome
- Respondent No.3 is deleted from the proceedings; time extension granted; next hearing scheduled for 7 December 2026.
Topics: Insolvency, Court Order