Authority: Supreme Court of India

Order Date: 01-10-2026

Case Overview

  • Petition(s) for Special Leave to Appeal (Criminal) No(s). 17585‑17586/2026 filed by Srei Equipment Finance Limited & others against The State of Telangana & another respondent.
  • The petition arises from an impugned final judgment and order dated 24-07-2026 in CRLP No. 5805/2026 and CRLP No. 6481/2026 passed by the High Court for the State of Telangana at Hyderabad.
  • Application No. 304242/2026 was filed for appropriate orders/directions.
  • The matter was mentioned before a bench comprising Hon'ble Mr. Justice Ujjal Bhuyan and Hon'ble Mr. Justice Atul S. Chandurkar on 01-10-2026.
  • Counsel for petitioners: Senior Advocate Mr. N. Venkatraman (mentioned by) and a team of advocates (Shyam Gopal, Shivshankar G., Rajashekar VK, Radhika Sharma, Nikita Bhardwaj, P. Krishnadevan, Sankara Narayanan B.).
  • Counsel for respondents: Senior Advocate Mr. Siddharth Dave and Ms. Palem Akhila Santoshi (AOR).

Order Details

1. The Court took the matter on board upon being mentioned.

2. The Court recalled its earlier order dated 25‑09‑2026, which included:

  • Hearing of senior counsel Mr. Mukul Rohatgi for the petitioner and Mr. N. Venkatraman, as well as counsel Mr. Siddhartha Dave for the respondent.
  • Observation that the matter required further scrutiny.
  • Direction to issue notice.
  • Instruction that the petitioner serve standing counsel for respondent No.1.
  • Listing of the matter for 25‑11‑2026.
  • Interim direction that no coercive steps be taken against the petitioner.

3. On 01‑10‑2026, Mr. N. Venkatraman submitted that the Telangana police were attempting to circumvent the Court’s 25‑09‑2026 order, referring to paragraphs 6, 7 and 8 of Interlocutory Application No.304242/2026.

4. The Court reiterated the 25‑09‑2026 order, emphasizing that any tampering with the order and direction would be taken seriously and could attract stern action.

5. The Court corrected a typographical error in paragraph 6 of its 25‑09‑2026 order, changing “petitioner” to “petitioners”.

6. The matter was again listed for hearing on 25‑11‑2026 as previously directed.

Final Outcome

  • The Supreme Court reaffirmed its earlier interim directions, warned against any interference with those directions, corrected a wording error, and scheduled the next hearing for 25‑11‑2026.

Topics: Court Order, Finance Company Litigation