Authority: Supreme Court of India

Order Date: 17-08-2026

Case Overview

  • Petition: CONMT.PET.(C) No. 484/2024 in MA 2230/2023, C.A. No. 548/2023 filed by Singhi Infrapower Projects Private Limited (Petitioner) against Kashi Vishwanathan Sivaramam (Respondent).
  • Nature of proceeding: Application for admission and multiple Interim Applications (IA No. 186204/2024, IA No. 200472/2024, IA No. 285953/2024) seeking exemption from filing O.T.
  • Bench: Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Narasimha, Hon'ble Mr. Justice Alok Aradhe.
  • Counsel for petitioner: Mr. Palash Singhai (AOR), Mr. Harshal Sareen (Adv.), Ms. Aashima Gautam (Adv.), Mr. Anand Sukumar (AOR).
  • Counsel for respondent: Mr. Anand Sukumar (AOR) and a team of senior advocates including Mr. M.C. Dhingra, Mr. Tashriq Ahmad, Mr. Gaurav Dhingra, Ms. Farzeen Iqbal, Mr. Syed Mehdi Imam (AOR).

Order Details

1. The liquidator is directed to obtain instructions on whether the amount deposited by the petitioner/successful auction purchaser is kept in a separate account and whether it has accrued any interest. The liquidator must place this information before the Court on or before the next date of hearing.

2. The matter is listed for further hearing on 07.09.2026.

Final Outcome

  • The Court issued a procedural order requiring the liquidator to provide a detailed account of the deposited amount and any interest accrued, and scheduled the next hearing for 7 September 2026.

Topics: Legal Procedure, Liquidation