Supreme Court Allows Impleadment in SREI Appeal

Authority: Supreme Court of India

Order Date: 28-09-2026

Civil Appeal Nos. 12798‑12800/2026 filed by SREI Infrastructure Finance Limited (appellant) against Infrastructure Leasing and Financial Services Limited and other respondents.
Pending applications: IA No.281485/2026 (intervention/impleadment), IA No.284367/2026 (permission to file additional documents/facts/annexures), IA No.277211/2026 (stay application).
Counsel for appellant: Senior Advocate Shyam Divan, Advs. Pooja Mahajan, Savar Mahajan, Shrivastava Reddy Beerapalli, Ashwathi Sudheer, Ankur Singhal, and Advocate‑on‑Record Avinash B. Amarnath.
Counsel for respondents: Senior Advocate Gopal Sankaranarayanan, Advs. Raunak Dhillon, Isha Malik, Anusha Sarkar, Madhav Gupta, Akshaya Ganpath, with M/s. Cyril Amarchand Mangaldas as Advocate‑on‑Record.
Counsel for the impleaded party: Senior Advocate C. A. Sundaram assisted by Advocate Shashwat Goel (Advocate‑on‑Record).
The matter was heard before a two‑judge bench comprising Hon'ble Mr. Justice Vikram Nath and Hon'ble Mr. Justice Sandeep Mehta.

The Court allowed the impleadment application (IA No.281485/2026).
It ordered that notice be issued to the newly impleaded parties within four weeks and that notice be issued to any unrepresented respondents.
All further proceedings pursuant to the impugned order are stayed pending the impleadment.
The amount lying in the escrow account shall continue to remain therein.

Topics: Legal Proceedings, Impleadment, Escrow