Regulation And Legal
SC Grants 2-Week Extension in PNB Petition
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
27th May 2026
Case Details
- Transfer Petition (Criminal) No. 279/2026 filed by Shara Swapna M Lutherprabhakar Martin.
- Respondent: M/S PNB Housing Finance Limited.
- Stay Application IA No. 86443/2026.
- Hearing date: 25-05-2026.
- Court: Supreme Court of India.
- Bench: Hon’ble Mr. Justice K. Vinod Chandran.
Parties Involved
- Petitioner: Shara Swapna M Lutherprabhakar Martin.
- Respondent: PNB Housing Finance Limited.
- Counsel for petitioner: Adv. Lenin Raj K, Adv. Pradeep Singh Negi, AOR Ronak Karanpuria, Adv. Akash Poddar.
- Court officials recording order: Senior Personal Assistant Court Master Kanchan Chouhan and Sucheta Chhabra.
Issues / Allegations / Violations
- Petition seeks service of notice on the sole respondent; petitioner requested a stay of proceedings pending service.
Findings & Observations
- The Court noted the petitioner's request and considered the need for service on the respondent.
Penalties / Settlements / Directions
- No monetary penalties imposed.
Corrective Actions & Future Obligations
- Petitioner granted two weeks to take fresh steps to effect service on the sole respondent, PNB Housing Finance Limited.
Final Ruling & Enforcement
- Order dated 25-05-2026 directs the petitioner to complete service within the stipulated two-week period; compliance to be monitored by the Court.