Sri Shiva Sai Industries SLP Dismissed by SC

Authority: Supreme Court of India

Order Date: 22 Aug 2026

Case Overview

• Petitioners: M/s Sri Shiva Sai Industries & Ors.
• Respondents: State Bank of India & Ors.
• Origin: Impugned final judgment and order dated 13-02-2026 in WP No. 34534/2025 passed by the High Court for the State of Telangana at Hyderabad.
• Hearing Date: 21-08-2026, when the petition was called for admission before a bench of Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran.
• Counsel for Petitioners: Ms. Uttara Babbar (Sr. Adv.), Ms. Bhavana Duhoon (AOR), Mr. Minnikanti Laxmi Prasad, Adv., Mr. Savyasachi Narayanan, Adv.
• Counsel for Respondents: Mr. Siddharth Sangal (AOR), Ms. Richa Mishra (Adv.), Ms. Kashish (Adv.), Ms. Mrinalini Tandon (Adv.).

Order Details

1. The Court, after hearing counsel and reviewing the materials on record, concluded that there was no good ground to interfere with the impugned order passed by the High Court.

2. Accordingly, the Special Leave Petition is dismissed.

3. Any pending applications, if any, stand disposed of.

Final Outcome

• The Supreme Court dismissed the Special Leave Petition filed by Sri Shiva Sai Industries & Ors., leaving the High Court’s judgment intact and disposing of any ancillary applications.

Topics: Legal Judgment, Banking Dispute, Supreme Court