Authority: Supreme Court of India
Order Date: 27 October 2026
Case Overview
- Civil Appeal Diary No. 75330/2025 filed by Peninsula Holdings and Investments Pvt Ltd against JM Financial Credit Solution Ltd and others, arising from the impugned final judgment and order dated 29‑10‑2025 in CAAT(I) No. 1393/2025 passed by the National Company Law Appellate Tribunal.
- The petition also seeks condonation of delay in filing IA No. 189385/2026, IA No. 189387/2026, and IA No. 189381/2026 for curing defects and filing additional documents.
- Hearing held on 26‑10‑2026 before a bench of Hon’ble Justices Pamidighantam Sri Narasimha and Alok Aradhe. Counsel for the petitioner included Ms. Prachi Johri, Mr. Sachin Jain (AOR), and advocates Himanshu Sharma, Nandita Bajpai, Rahat Kalpatri, Babu Sivaprakasam. Counsel for the respondents included Mr. Aseem Chaturvedi, Ravitej Chilumuuri, Mihika Jalan, Arpit Kumar Singh, Anuj Shrotriya and Khaitan & Co. (AOR).
Final Outcome
- Both parties indicated that settlement discussions are underway.
- The Court adjourned the matter for a period of four weeks to allow continuation of settlement talks.
- The order was digitally signed by Justice Jayant Kumar Arora on 27‑10‑2026 at 17:10:06 IST (signature not verified).
Topics: Court Proceedings, Corporate Dispute