Authority: Supreme Court of India (Hon'ble Mr. Justice Pamidighantam Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe)

Order Date: 15-07-2026

Case Overview

  • Appellant: Small Industries Development Bank of India (SIDBI); Respondents: Vivek Raheja and others.
  • Civil Appeal No. 8645/2022, hearing conducted on 15 July 2026.
  • Counsel for SIDBI: Ms. Kinjal Goyal, Adv.; Mr. Nps Chawla, Adv.; Mr. Sujoy Datta, AOR; Mr. Surekh Kant Baxy, Adv.
  • Counsel for respondents: Ms. Mithu Jain, AOR; Ms. Pallavi Pratap, AOR; Mr. Himanshu Bhushan, AOR; Ms. Shagun Srivastava, Adv.
  • The Court observed that the issue is referred to a larger bench in Civil Appeal No. 9133/2019 (DBS Bank Limited Singapore vs Ruchi Soya Industries Limited), reported in 2024 INSC 14.

Final Outcome

  • The Court directed that the instant appeal (Civil Appeal No. 8645/2022) be listed for further hearing.

Topics: Legal Proceedings, Banking Litigation