Authority: Supreme Court of India

Order Date: 06-10-2026

Case Overview

  • Petitioners: M/s Pondicherry Oxy Acetylene Private Limited.
  • Respondents: M/s Religare Finvest Limited & Ors.
  • Origin: Special Leave Petition (C) No. 33642/2025 arising from the impugned final judgment and order dated 05-06-2024 in WP No. 14480/2024 passed by the High Court of Judicature at Madras.
  • Hearing Date: 06-10-2026.
  • Coram: Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.
  • Counsel for Petitioners: Mr. P.V. Yogeswaran, Adv.; Ms. M. Venmani (AOR Mr. V. Kandha Prabhu, Adv.).
  • Counsel for Respondents: Mr. Siddharth Sharma (AOR Ms. Ishika Chauhan, Adv.) and a team of senior advocates including Mr. Snehasish Mukherjee, Mr. Ajay Uppal, Mr. Maneesh, Mr. Asit Kumar Roy, Mr. Tamal Sanyal, Mr. Vishal Agarwal, Mr. Bhaskar Malakar, Mr. Rajesh Kanwal, Ms. Rupali Francesca Samuel (AOR Mr. Aradhya Trivedi, Adv.).

Final Outcome

  • The Court stated it is not inclined to entertain the Special Leave Petition.
  • It clarified that the petitioner may raise all such pleas before the Tribunal in S.A. No. 50 of 2025, as permissible in law, including the grounds taken in the instant Special Leave Petition.
  • With this clarification, the Special Leave Petition stands disposed of.
  • Any pending interlocutory application(s), if any, are also disposed of.

Topics: Legal, Special Leave Petition