Case Details
- Case Name: Special Leave Petition (Civil) Diary No. 4746/2026
- Origin: Arising out of impugned final judgment and order dated 08‑08‑2024 in CMA No. 2116/2024 passed by the High Court of Judicature at Madras
- Court/Authority: Supreme Court of India
- Order Date / Hearing Date: 25‑05‑2026 (matter called for hearing)
- Period of Dispute/Violation: Not specified
Parties Involved
- Petitioner: P. Moorthi
- Respondents: Shriram City Union Finance Ltd & Anr.
- Bench: Hon'ble Mr. Justice Pamidighantam, Sri Narasimha, Hon'ble Mr. Justice Alok Aradhe
- Counsel for Petitioner: Mr. V. Chidambaresh, Sr. Adv.; Mr. P. Valliappan, Sr. Adv.; Mr. G. Balaji, AOR; Mr. Shiv Kumar, Adv.; Ms. Vaishnavi, Adv.
- Counel for Respondent(s): (Not listed)
Issues / Allegations / Violations
- Petition seeks admission of the Special Leave Petition and condonation of delay in filing IA No. 44260/2026.
- Also seeks exemption from filing copy of the impugned judgment (C/C).
- The core issue is procedural delay and the need for the Court’s permission to proceed.
Findings & Observations
- The Court, after hearing counsel, conditions further proceedings on the petitioner depositing a specified sum.
- No substantive discussion on merits of the underlying dispute is recorded in the order.
Penalties / Settlements / Directions
1. Deposit Requirement: Petitioner must deposit Rs.1,00,00,000 (Rupees One Crore) before the Court within one week from the order date.
2. Notice Issuance: Upon receipt of the deposit, the Court will issue notice on the Special Leave Petition and on the application for condonation of delay, returnable on 31‑07‑2026.
3. Investment of Deposit: The deposited amount shall be invested in a short‑term interest‑bearing Fixed Deposit in a nationalised bank on an auto‑renewal basis.
4. Status‑quo Direction: Both parties are directed to maintain the status quo as on the date of the order.
5. Potential Referral: The notice may mention that the parties may be referred to the Samadhan Samaroh (Lok Adalat) scheduled for August 2026.
Corrective Actions & Future Obligations
- Petitioner must arrange and deposit the Rs 1 crore within the stipulated one‑week period.
- The Court will hold the deposited amount in a short‑term FD, generating interest until further orders.
- Both parties must refrain from any action that alters the present position (status‑quo) pending the next hearing.
- Parties should be prepared to appear before the Samadhan Samaroh (Lok Adalat) if directed.
Final Ruling & Enforcement
- The order is enforceable immediately; failure to deposit the stipulated amount may result in dismissal of the petition.
- The next procedural step is the issuance of notices, with a return date of 31‑07‑2026 for the petitioner’s response.
- The Court retains discretion to refer the matter to Lok Adalat in August 2026 for amicable settlement.