Authority: Supreme Court of India
Order Date: 15 September 2026
Case Overview
- Petition for Special Leave to Appeal (C) Nos. 6807‑6808/2022 filed by the Secretary, Department of Financial Services against M/s Edelweiss Asset Reconstruction Company Ltd. & others, arising from the impugned judgment and order dated 27‑09‑2021 in WPC No. 3668/2021 passed by the High Court of Delhi.
- The matter was listed for hearing on 4 August 2026 before a bench comprising the Chief Justice, Justice Joymalya Bagchi and Justice V. Mohana.
- Counsel for the petitioner included ASG Ms. Aishwarya Bhati, Ms. Shivika Mehra and advocates Moulik Shrivastava, Raj Bahadur Yadav, among others. Counsel for the respondents included Mr. Amarjit Singh Bedi, Mr. R P Agrawal and a team of advocates.
Final Outcome
- The Court, by order dated 15 September 2026, directed the Union of India to file a latest status report on the working conditions in Debt Recovery Tribunals (DRT) and Debt Recovery Appellate Tribunals (DRAT).
- The respondents, including Edelweiss Asset Reconstruction Company Ltd., were also instructed to submit their suggestions on the said working conditions.
Topics: Debt Recovery Tribunals, Asset Reconstruction