Authority: Supreme Court of India

Order Date: 07-10-2026

Case Overview

  • Appellant: M/s Pramerica ASPF II Cyprus Holding Limited; Respondent: M/s Metro Corp Infrastructure Ltd & Others.
  • Civil Appeal Nos. 5867‑5868/2023; Application for permission IA No. 168020/2026.
  • Hearing held on 7 Oct 2026 before Hon’ble Justices Sanjay Kumar and Sanjeev Sachdeva.
  • Counsel for appellant: Ms. Anindita Roy Chowdhury, Adv.; Mr. Abhijnan Jha, AOR; Mr. Rohan Anand, Adv.
  • Counsel for respondents: Mr. Saurabh Mishra, AOR; Mr. Abhinav Pandey, Adv.; and others.

Order

  • IA No. 168020/2026 to be re‑listed for hearing on 14 Oct 2026.
  • Applicants must file an affidavit explaining how the sum of ₹2,94,66,000 (Rs 2.94 crore) will be raised, with an undertaking that current assets will not be alienated or encumbered for that purpose.
  • IA No. 88659/2026 to be listed together with the present application on the next hearing date.
  • Order digitally signed by Deputy Registrar Court Master (NSH), Deepak Guglani, on 08 Oct 2026 (signature not verified).

Final Outcome

  • The Court directed procedural steps for the pending applications, requiring financial disclosure and scheduling further hearings; no substantive judgment on the merits was rendered.

Topics: Fund Raising, Court Procedure