Authority: Supreme Court of India
Order Date: 24-08-2026
Case Overview
- Petitioners: M/S Siddharth Textile; Respondents: RBL Bank Limited & Others.
- Special Leave Petition (C) No. 29646/2026 arising from impugned final judgment and order dated 17-08-2026 in DBSAW No. 362/2026 of the Rajasthan High Court, Jaipur.
- Petition sought exemption from filing the official translation (Admission IA No. 253437/2026).
- Hearing held on 24-08-2026 before Hon'ble Justices M.M. Sundresh and Prasanna B. Varale.
Court Findings & Directions
- The application for exemption from filing the official translation is allowed.
- Learned Senior Counsel for the petitioner submitted that the petitioner will deposit a sum of Rs 1 crore within three weeks.
- The Court directed that a notice be issued and that a stay on the operation of the impugned order be imposed, conditional upon the deposit of Rs 1 crore in the file of the Debt Recovery Tribunal, Jaipur, Case No. SA/149/2024, within three weeks from receipt of a copy of this order.
- If the condition is not complied with, the Special Leave Petition shall stand dismissed automatically, without further reference to the Court.
Final Outcome
- Exemption granted; stay of the impugned order is effective only upon deposit of Rs 1 crore as specified; non‑compliance results in automatic dismissal of the SLP.
Topics: Legal Proceedings, Debt Recovery