Case Details

  • Case: Special Leave Petition (Civil) Diary No. 19365/2026
  • Court: Supreme Court of India
  • Order Date: 22 May 2026
  • Origin: Impugned judgment dated 28 July 2025 of High Court of Delhi (RFA (COMM) No. 417/2025)

Parties Involved

  • Petitioner: One Culture Private Ltd
  • Respondent: IQUBX Private Limited
  • Petitioner's counsel: Senior Advocate Manan Kumar Mishra, Adv. Anjul Dwivedi, Adv. Deveshi Mishra, Adv. Divya Roy (AOR)
  • Bench: Hon’ble Justice Aravind Kumar, Hon’ble Justice Prasanna B. Varale
  • Registrar: Jagdish Kumar (Astt. Registrar-cum-PS Court Master)

Issues / Allegations / Violations

  • Petition seeks condonation of delay in filing IA No. 132819/2026 and exemption from filing copy of the impugned judgment.
  • Request for stay of the impugned orders dated 28‑07‑2025.
  • Offer to deposit Rs 25,00,000 as security for the stay.

Findings & Observations

  • Court condoned the delay in filing.
  • Court ordered issuance of notice, returnable within eight weeks.
  • Court stayed the impugned orders subject to the condition of deposit.

Penalties / Settlements / Directions

  • Petitioner to deposit Rs 25,00,000 (Twenty‑Five Lakh Rupees) within six weeks of the order.
  • If the amount is not deposited, the stay will automatically be vacated without further reference to the bench.

Corrective Actions & Future Obligations

  • Deposit the stipulated amount within the stipulated six‑week period.
  • Respond to the notice within eight weeks as directed.

Final Ruling & Enforcement

  • Delay condoned; notice issued; stay granted conditionally.
  • Automatic vacating of stay if deposit not made, effective six weeks from the order date.