Parthivi Construction Ordered to Deposit 30% Rs.1.07 Cr

Authority: Supreme Court of India

Order Date: 03-08-2026

Case Overview

• Petition for Special Leave to Appeal (C) No. 24606/2026 filed by M/S Parthivi Construction Pvt. Ltd. & Ors against Bhuneswar Prasad Verma & Anr, arising from the impugned final judgment and order dated 23‑03‑2026 in MA No. 2/2026 passed by the High Court of Chhattisgarh, Bilaspur.
• The matter was listed before a bench comprising Hon’ble Mr. Justice Prashant Kumar Mishra and Hon’ble Mr. Justice Shree Chandrashekhar.
• Counsel for the petitioner included Mr. Sameer Shrivastava, Mrs. Priyanka Shrivastava, Adv. Chirag Joshi, Adv. Shashi Bhushan Tiwari, Adv. Aakash Sharma, Adv. Varun Mudgal; counsel for the respondent was not specified.

Order

1. Issue notice.

2. Petitioner shall deposit 30 % of the amount of Rs.1,06,79,900/- before the Real Estate Appellate Tribunal, Raipur within two weeks from the date of this order.

3. The matter is posted for further hearing on 16‑09‑2026.

4. In the meanwhile, execution of the order passed by the Real Estate Appellate Tribunal, Raipur shall remain stayed.

Final Outcome

• The Supreme Court directed the petitioner to make a partial payment of Rs.32,03,970 (30 % of Rs.1,06,79,900) within fourteen days, stayed the enforcement of the REAT order, and scheduled the next hearing for 16 September 2026.

Topics: Court Order, Real Estate Dispute