Case Name: Shah Metacorp Ltd (erstwhile M/s Gyscoal Alloys Pvt. Ltd.) & Anr. vs. Ghanshyam Arvindbhai Patel & Ors.
Court/Authority: Supreme Court of India, Civil Appellate Jurisdiction
Civil Appeal No.: ____ of 2026 (Special Leave Petition (C) No. 16638 of 2026)
Order Date: 26 May 2026 (digital signature) / Hearing Date: 22 May 2026
Underlying High Court Order: Judgment and order dated 13 April 2026 passed by the High Court of Gujarat at Ahmedabad in SCA No. 5201 of 2026
Parties Involved
Petitioners: Shah Metacorp Ltd (formerly Gyscoal Alloys Pvt. Ltd.) and another appellant
Respondents: Ghanshyam Arvindbhai Patel and others
Counsel for Petitioners: Mr. Ashutosh Ghade, Ms. Saloni Meshram, Ms. Sneha D. Balapure
Counsel for Respondents: Mr. Siddarth Dave, Mr. Dhaval Shah, Mr. Vatsalya Vigya (AOR)
Bench: Hon’ble Justice Pamidighantam Sri Narasimha and Hon’ble Justice Alok Aradhe
Registrar: Mr. Jayant Kumar Arora, Assistant Registrar Nidhi Wason
Issues / Allegations / Violations
The High Court directed the appellant to deposit the full decretal amount of Rs 22,72,236 as a pre‑condition for condoning delay to set aside an ex‑parte decree.
Petitioners contested the quantum of the deposit, seeking a reduction.
Findings & Observations
The Supreme Court, after hearing counsel, held that “interest of justice” would be better served by reducing the required deposit.
Penalties / Settlements / Directions
The Court modifies the High Court order, directing the appellant to deposit Rs 15,00,000 (Rupees Fifteen Lakhs).
The deposit must be made within two weeks from the date of this order.
Corrective Actions & Future Obligations
The appellant must comply with the Rs 15 lakh deposit within the stipulated period.
The civil appeal is disposed of, and any pending interlocutory applications are also disposed of.
Final Ruling & Enforcement
The Supreme Court’s order supersedes the High Court’s earlier directive, finalising the matter and closing the appeal.
