Authority: Supreme Court of India
Order Date: 17-08-2026
Case Overview
- Petition No.: CONMT.PET.(C) No. 484/2024, linked with MA 2230/2023 and C.A. No. 548/2023.
- Parties: Petitioner – Singhi Infrapower Projects Private Limited; Respondent – Kashi Vishwanathan Sivaraman.
- Bench: Hon'ble Mr. Justice Pamidighantam Sri Narasimha and 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), Ms. Aashima Gautam (Adv.), Mr. Palash Singhai (AOR), Mr. Harshal Sareen (Adv.), among others.
- The petition sought appropriate orders/directions on Interim Applications IA No. 186204/2024, IA No. 200472/2024, and IA No. 285953/2024, each requesting exemption from filing O.T.
Order
1. The liquidator’s counsel is to obtain instructions on whether the amount deposited by the petitioner/successful auction purchaser is kept in a separate account and whether any interest has accrued on that amount. This information must be placed 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 directed the liquidator to verify the status of the deposited amount (separate account and interest accrual) and to submit the findings before the next hearing on 7 September 2026. No substantive decision on the IA exemption requests was rendered in this order.
Topics: Insolvency, Court Order