Case Details

  • Case Name: Axis Bank Ltd v. Procure Logistics Services Pvt Ltd
  • Court/Authority: Supreme Court of India
  • Civil Appeal No.: 6513/2026
  • Interlocutory Application (IA) No.: 168121/2026 (Modification of Court Order)
  • Date of Order: 29‑May‑2026
  • Period of Violation/Dispute: Not applicable

Parties Involved

  • Petitioner: Axis Bank Ltd
  • Counsel: Senior Counsel Ritin Rai, Adv. Ateev Mathur, Adv. Sanjay Gupta, Adv. Anmol Mehta, AOR Ananta Prasad Mishra
  • Respondent: Procure Logistics Services Pvt Ltd
  • Counsel: Senior Counsel Nalin Kohli, Adv. Anant Bhushan, Adv. Ayushman Aroraa, AOR Nimisha Menon

Issues / Allegations / Violations

  • Petitioners sought leave to withdraw IA No. 168121/2026.
  • No substantive allegations or violations were detailed; the request pertained solely to procedural withdrawal of the IA.

Findings & Observations

  • The Court examined the petitioner's request and found no impediment to granting leave for withdrawal.
  • No further legal reasoning or precedent was cited beyond the procedural discretion of the Court.

Penalties / Settlements / Directions

  • The Court granted permission to withdraw the IA.
  • IA No. 168121/2026 was dismissed as withdrawn.

Corrective Actions & Future Obligations

  • The appeal (Civil Appeal No. 6513/2026) is to be listed in due course for subsequent hearing.
  • No additional compliance measures or financial adjustments were ordered.

Final Ruling & Enforcement

  • The Interlocutory Application is formally withdrawn and dismissed.
  • The matter proceeds to the next scheduled hearing of the appeal, with the Court retaining jurisdiction over further proceedings.