Authority: Supreme Court of India

Order Date: 28-09-2026

Case Overview

  • Civil Appeal Nos. 12798‑12800/2026 filed by SREI Infrastructure Finance Limited against Infrastructure Leasing and Financial Services Limited and other respondents.
  • Application IA No. 282485/2026 sought impleadment of additional parties; the Court permitted the impleadment.
  • Counsel for appellant included Sr. Adv. Shyam Divan, Ms. Pooja Mahajan, and others; counsel for respondents included Sr. Adv. Gopal Sankaranarayanan (on instructions of Cyril Amarchand Mangaldas) and Sr. Adv. C.A. Sundaram with AOR Shashwat Goel.
  • The Court directed issuance of notice to the impleaded parties, returnable within four weeks, and ordered notice to unrepresented respondents.
  • The Court stayed further proceedings pursuant to the impugned order and ordered that the amount lying in the escrow account remain there.

Final Outcome

  • Impleadment of additional respondents was allowed.
  • All further proceedings under the earlier order are stayed.
  • The escrow account balance continues to be held in escrow.

Topics: Court Proceedings, Financial Services