Supreme Court heard Misc. Application No.1251/2026 on 12‑05‑2026 involving SKS Ispat & Power Ltd versus Baba Beti & Ors.
Court directed petitioner to file counter‑affidavit within two weeks and allowed SFIO to continue permitted investigative actions as specified.
SFIO may proceed under High Court paragraphs 36(iv), (vi), (vii) but cannot submit report or take coercive steps without Court’s leave.
Court clarified it has not stayed the CBI investigation into the matter and the investigation will proceed unhindered.