Supreme Court Allows Omaxe Fund Withdrawal

Authority: Supreme Court of India

Order Date: 18 Aug 2026

Case Overview

• Petitioners: OMAXE BUILDHOME LTD.
• Respondent: CHAYAN MAJUMDAR.
• Application: Miscellaneous Application No. 2227/2026 in C.A. No. 13620/2025 seeking disbursal of suitor fund amount.
• Hearing Date: 12 Aug 2026 before Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh (in chamber).
• Counsel for petitioner, Mr. Ashwin Kumar Nair, asserted that the entire decretal amount had already been paid to the respondent before the Executing Court.
• Counsel for respondent, Mr. Satyavikram, vehemently objected to the petitioner’s submission.
• The Court directed that both parties may file separate applications seeking withdrawal of the suitor fund amount, and such applications shall be considered on their merits.

Final Outcome

• The Court did not make a definitive ruling on the payment claim but permitted both parties to file withdrawal applications, leaving the substantive determination to be made after merits are examined.

Topics: Legal Dispute, Suitor Fund Withdrawal