Authority: Supreme Court of India
Order Date: 18-09-2026
Case Overview
- Civil Appeal No. 5619/2023 filed by Edelweiss Asset Reconstruction Company Ltd (appellant) against Chemstar Organics (India) Limited and another respondent.
- Associated Interlocutory Applications: IA No. 134389/2023 seeking exemption from filing copy of the impugned judgment; IA No. 118132/2025 seeking permission to file additional documents, facts, and annexures.
- The respondent is a Resolution Professional (RP) appointed under the Insolvency and Bankruptcy Code, 2016 (IBC Code) and had not entered an appearance in the proceedings.
- The matter was called for hearing on 18‑09‑2026 before a two‑judge bench comprising Hon'ble Mr. Justice Aravind Kumar and Hon'ble Mr. Justice Prasanna B. Varale.
- Counsel for the appellant included Mr. Amarjit Singh Bedi (AOR) and a team of advocates; counsel for the respondent comprised Mr. Mahesh Agarwala and others.
Final Outcome
- The Court, considering the question of law and the non‑appearance of the RP, appointed Mr. Devashish Bharuka, learned Senior Counsel, as Amicus Curiae to assist the Court.
- The appellant was directed to furnish one set of copies of the case papers to the appointed Amicus Curiae.
- The next listing of the matter is scheduled for 09‑10‑2026.
- The order was digitally signed by Court Master Rashi Gupta on 21‑Sep‑2026 (signature not verified).
Topics: Insolvency, Court Procedure