Authority: Supreme Court of India
Order Date: 02-09-2026
Case Overview
- Petitioners: Satyanarayan Gupta (multiple petitions for special leave to appeal, SLP(Crl.) Nos. 6575‑6577/2026) versus the State of Rajasthan.
- Origin: Impugned final judgments and orders dated 25‑03‑2026 in SBCRMBA Nos. 15618/2025, 4367/2026, and 4400/2026 passed by the Rajasthan High Court, Jaipur.
- Multiple intervening applications (IA Nos. 234902/2026, 234157/2026, 128710/2026, 253215/2026, 234896/2026, 167738/2026, 167608/2026, 253214/2026, 112203/2026) seeking exemptions, interventions, permission to file documents, etc.
- Counsel for petitioners included senior advocates C A Sundaram, Rohini Musa, and others; counsel for the State included Mukul Rohtagi, Ranjeet Kumar, Yasharth Kant, among others.
- The dispute centres on mortgaged villas originally financed by Piramal Capital and Housing Finance Ltd. (formerly DHFL) under a notice dated 30‑08‑2023 issued under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. The villas are subject to a Memorandum of Understanding dated 06‑03‑2014.
Final Outcome
- The Court ordered that a notice be issued in IA No. 234896/2026 and served by all modes, including dasti.
- The Court directed both parties to produce copies of the allotment letters relating to the villas, clarifying whether the letters were issued unilaterally or jointly by the owner and the developer.
- The State counsel was instructed to furnish full details of any cases where the petitioner has been granted bail or interim protection from arrest.
- The matter was re‑listed for hearing on 18‑09‑2026.
Topics: Legal Dispute, Real Estate Finance