Authority: Supreme Court of India
Order Date: 07 August 2026
Case Overview
- Petition filed by Oriental Insurance Company Ltd (petitioner) against M/s Palanadu Cold Storage & Anr (respondent) seeking permission for withdrawal of suitor’s fund amount (IA No.137361/2026).
- The matter was listed for hearing on 5 August 2026 before Hon’ble Mr. Justice Augustine George Masih (in chamber).
- Counsel for petitioner: Amandeep Singh, Dev Bhardwaj, Avinash Sharma, Gaurav Kumar, Jayender S. Chandail, Yajat Kumar. Counsel for respondent: Ms. Samridhi S. Jain.
Final Outcome
- The Court allowed the application filed on behalf of respondent No.1, directing that the suitor’s fund amount be released in favour of Palanadu Cold Storage.
- Consequently, Miscellaneous Application No.2624/2025 was disposed of.
Topics: Legal Order, Fund Withdrawal