Authority: Supreme Court of India

Order Date: 31-07-2026

Case Overview

  • Petitioners: M/S. Naveen Hotels Ltd.
  • Respondent: Canara Bank (sole respondent).
  • Nature of proceeding: Special Leave Petition (Civil) seeking condonation of delay in refiling/curing defects (IA No. 231951/2025).
  • Origin: Arising out of impugned final judgment and order dated 16‑April‑2025 in RFA Nos. 847/2008, 848/2008, and 849/2008 passed by the High Court of Karnataka, Bengaluru.
  • Counsel for petitioner: Senior Advocate Shyam Divan, Nishanth Patil (AOR), Bhumi Agrawal, Arijit Dey, Abhishek Gupta, Awanish Gupta, Harshita Jain, Inder Paul Bansal, Vivek Bansal, Ayush P Shah.
  • Counsel for respondent: Additional Solicitor General Raghavendra Shankar (representing Cyril Amarchand Mangaldas, AOR), Vikash Kumar Jha, Sharan Kukreja, Tanisha Sunil, Ena Kapur, Ishika Srivastava, Pallavi Mishra.

Final Outcome

  • The Court ordered that notice be issued to the respondent.
  • Mr. Raghavendra Shankar, Additional Solicitor General, accepted notice on behalf of the sole respondent, thereby waiving formal service of notice.
  • The respondent’s counsel prayed for, and the Court granted, a four‑week period to file a reply or counter‑affidavit.
  • The matter was listed for further hearing on 15‑September‑2026.

Topics: Legal Proceedings, Banking Dispute