Regulation And Legal
ONGC FDR Renewal Ordered for One Year
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
30th May 2026
Case Details
- Case Name / Appeal No.: Civil Appeal No(s). 4117/2015
- Parties: The General Manager, Oil and Natural Gas Corporation Limited (Appellant) vs. Ramdas Janardan Koli & Ors. (Respondent) for FDR renewal
- Court / Authority: Supreme Court of India, Registrar Court, Section XVII
- Order / Record No.: Not specified
- Date of Order: 29‑05‑2026
- Period of Violation / Dispute: Not applicable / not specified
Parties Involved
- Appellant: Oil and Natural Gas Corporation Limited (ONGC), represented by counsel Mr. K. R. Sasiprabhu, AOR Mr. Vishnu Sharma A S, Adv. Ms. Vidhatri.
- Respondent: Ramdas Janardan Koli & Ors., represented by counsel Mr. D.P. Singh, Adv. Ms. Anchal Kanthed, Adv. Ms. Srishti Agnihotri, AOR Mr. Kush Chaturvedi, AOR Mr. Gurmeet Singh Makker, AOR, among others.
- Registrar: Apurv Singh, Registrar of the Supreme Court.
Issues / Allegations / Violations
- The primary issue was the request for renewal of a Fixed Deposit Receipt (FDR) held by ONGC, filed by the respondent(s) for renewal.
- No specific allegations of breach or violation were detailed in the record.
Findings & Observations
- The Registrar, after hearing counsel for both parties, found the application for renewal appropriate and within jurisdiction.
- No further factual findings or legal reasoning were elaborated beyond the renewal directive.
Penalties / Settlements / Directions
- Direction: The Fixed Deposit Receipt (FDR) is to be renewed for a further period of one year from the due date of its maturity.
Corrective Actions & Future Obligations
- The order mandates that a copy of the Record of Proceeding be furnished to the concerned Advocate‑on‑record for information and compliance.
- No additional corrective measures or compliance obligations were stipulated.
Final Ruling & Enforcement
- The order was digitally signed by Registrar Rupam Dhami on 2026‑05‑29 at 17:44:12 IST.
- The renewal directive is effective immediately, and compliance is to be ensured by the parties as per the order.