Authority: Supreme Court of India

Order Date: 20 July 2026

Case Overview

  • Petitioner: Photoquip India Ltd filed Miscellaneous Application No. 301/2026 in C.A. No. 7865/2012 seeking release of suitor’s fund.
  • Respondents: A.K. Naikwadi & Anr.
  • The suitor’s fund of Rs 50,000 was deposited at the time of filing the appeal; no application for its release had been filed.
  • Counsel for petitioner appeared through AOR Mr. Vikash Singh; bench comprised Hon’ble Mr. Justice Satish Chandra Sharma (in chamber).

Final Outcome

  • Court exercised discretion under Rule 7, Order XXIV of the Supreme Court Rules, 2013 and ordered the suitor’s fund of Rs 50,000 to be disbursed to the Armed Forces Battle Casualties Welfare Fund (AFBCWF).
  • The Registry was directed to effect the transfer within three weeks.
  • The miscellaneous application was disposed of accordingly.

Topics: Legal Dispute, Fund Disbursement, Welfare Fund Allocation