Authority: Supreme Court of India
Order Date: 25-08-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 9110/2026, IA No. 230272/2026 (ex‑parte stay), filed by M/S P.S. Steel Tube against Jayaswal Neco Industries Limited.
- The petition arises from the impugned final judgment and order dated 03‑09‑2025 of the High Court of Chhattisgarh (FA No. 477/2019).
- Senior Counsel for petitioner: Gautam Narayan; respondent represented by Dr. Devashish Bharuka and team.
- Bench: Hon’ble Mr. Justice M.M. Sundresh and Hon’ble Mr. Justice Prasanna B. Varale.
Order Details
1. The petitioner must deposit fifty percent (50%) of the amount decreed by the High Court, together with accrued interest, on the file of the Additional District & Sessions Judge, Durg, Chhattisgarh.
2. Deposit must be made within six weeks from receipt of a copy of this order.
3. Upon such deposit, the respondent shall be permitted to withdraw the amount upon furnishing adequate security.
4. The matter is listed for further hearing on 14‑10‑2026.
Final Outcome
The Supreme Court conditionally stayed the execution of the full High Court decree, directing partial deposit by the petitioner and allowing the respondent to withdraw the deposited amount against security, with the next hearing scheduled for 14 October 2026.
Topics: Legal Order, Steel Industry