Authority: Supreme Court of India

Order Date: 12-08-2026

Case Overview

  • Petition for Special Leave to Appeal (C) No.19043/2019 filed by Small Industries Development Bank of India (SIDBI) & Anr. against M/s Aditya Diamonds & Ors., arising from the impugned final judgment and order dated 10‑07‑2019 in WP No.1543/2010 of the Bombay High Court.
  • Interlocutory Applications were filed: IA No.142205/2019 (permission to file additional documents/facts/annexures) and IA No.249662/2024 (permission to file supplementary additional counter‑affidavit/affidavit).
  • Counsel for the petitioner: Ms. Veera Mathai, Adv. Gaurav Nair, Adv. Nishtha Kumar, Adv. Varun Singh (AOR). Counsel for the respondents: Mr. Somesh Chandra Jha (AOR), Mr. Animesh Rajoriya, Adv., and Mr. Anand Kumar Singh, Adv.
  • The matter was heard before a two‑judge bench comprising Hon’ble Mr. Justice Sanjay Kumar and Hon’ble Mr. Justice Sanjeev Sachdeva.

Court Observations

  • The Court was informed that the parties had arrived at a One Time Settlement, but the necessary steps to give effect to that settlement had not been completed.
  • The specific reason recorded was that the required signature on the settlement document had not been verified.

Final Outcome

  • The Court ordered that the proceedings be adjourned and re‑listed for hearing on 18‑11‑2026.
  • The order was digitally signed by Court Master Babita Pandey on 13‑08‑2026 at 17:53:35 IST.

Topics: Settlement Procedure, Supreme Court Adjournment