Authority: Supreme Court of India, Civil Appellate Jurisdiction

Order Date: 18 August 2026

Case Overview

  • Parties: Appellant – Punjab National Bank; Respondent – J AND K INTEGRATED TEXTILES PARK LIMITED & others.
  • Primary Appeal: Civil Appeal No. 10044 of 2026.
  • Related Appeals: Civil Appeal Nos. 10171, 10078, 10035, 10085, 10597, 10595 of 2026.
  • Diary Numbers: 39261/2026, 39255/2026, 39263/2026.
  • Interim Applications (IA) filed:
  • IA No. 228443/2026 – Stay Application
  • IA No. 231945/2026 – Ex‑Parte Stay
  • IA No. 230706/2026 – Ex‑Parte Stay
  • IA No. 232288/2026 – Condonation of Delay in Refilling / Curing the Defects
  • IA No. 232287/2026 – Stay Application
  • IA No. 228123/2026 – Ex‑Parte Stay
  • IA No. 235747/2026 – Condonation of Delay in Refilling / Curing the Defects
  • IA No. 235745/2026 – Ex‑Parte Stay
  • IA No. 231431/2026 – Ex‑Parte Stay
  • IA No. 239090/2026 – Ex‑Parte Stay
  • IA No. 239027/2026 – Ex‑Parte Stay
  • IA No. 231818/2026 – Condonation of Delay in Refilling / Curing the Defects
  • IA No. 231815/2026 – Ex‑Parte Stay
  • Counsel for Appellant: Mr. Brijesh Kumar Tamber (AOR), Mr. Vinay Singh Bist, Adv., Mr. Yashu Rustagi, Adv., Mr. Sahas Bhasin, Adv., Ms. Chanchala Kumari, Adv., Mr. Dhimaan Dutta, Adv.
  • Counsel for Respondent: Mr. Gaurav Mitra, Sr. Adv., Mr. Akshat Singh (AOR), Ms. Dacchita Shahi, Adv., Mr. Utkarsh Kandpal, Adv.
  • Bench: Hon'ble Mr. Justice K.V. Viswanathan and Hon'ble Mr. Justice Arun Palli.

Final Outcome

1. The Court condoned the procedural delays raised in the various IA filings.

2. All the appeals listed above, including Civil Appeal No. 10044 of 2026 and the associated appeals, are dismissed.

3. All pending applications, including stay petitions and requests for condonation of delay, are ordered to stand disposed of.

Topics: Bank Litigation, Corporate Insolvency