Authority: Supreme Court of India, Criminal Original Jurisdiction
Order Date: 19th August 2026
Case Overview
- Petitioners: Pankaj Pharma, represented by authorized signatory Mr. Nikhil Prakash Sanceti.
- Respondents: Bajaj Finance Ltd.
- Matter: Transfer Petition (Criminal) No. 958/2025 filed in the Supreme Court.
- Background: Counsel for Bajaj Finance informed the Court that the dispute had been amicably settled, but the Trial Court was not allowing Bajaj Finance to withdraw the proceedings because the transfer petition remained pending before the Supreme Court.
Observations & Reasoning
- The Court noted the settlement between the parties rendered the transfer petition infructuous.
- Consequently, the Court directed that the Trial Court be free to take appropriate steps in accordance with law on any application filed by Bajaj Finance.
- The Court also ordered that any pending applications, if any, stand disposed of.
Final Outcome
- The Transfer Petition No. 958/2025 is disposed of as infructuous due to the settlement.
- The Trial Court may proceed with any pending application of Bajaj Finance as per legal provisions.
- All pending applications, if any, are ordered to stand disposed of.
Topics: Legal Settlement, Corporate Dispute