Supreme Court Dismisses BSFC Appeal, 3‑Month Extension

Case Name: Special Leave to Appeal (C) No(s). 18374-18375/2026
Petitioners: Bihar State Financial Corporation & Anr.
Respondents: Rajnikant & Ors.
Court/Authority: Supreme Court of India
Judges: Hon’ble Mr. Justice Dipankar Datta, Hon’ble Mr. Justice Satish Chandra Sharma
Order Date: 26‑05‑2026
Originating Judgment: High Court of Jharkhand, Ranchi, final judgment and order dated 02‑04‑2026 in LPA No. 709/2023 and LPA No. 18/2024
Period of dispute: Not specified

Petitioners: Bihar State Financial Corporation (state financial corporation) and associated parties.
Respondents: Rajnikant and others.
Managing Director of the petitioner (unnamed) summoned by the High Court.
Court officials: Jatinder Kaur (digital signatory), Sudhir Kumar Sharma (registrar).

Petition sought relief against the High Court’s judgment concerning contempt proceedings and the implementation of Pay Commission recommendations.
No specific financial violations or monetary penalties were alleged in the petition.

The Supreme Court held that it was not inclined to interfere with the High Court’s judgment and order.
Consequently, the special leave petitions were dismissed.

A three‑month extension is granted to implement the Pay Commission recommendations.
The Managing Director may appear virtually before the Court for contempt proceedings.
Any pending interlocutory applications, if existent, are ordered to stand disposed of.

The petitioner must ensure implementation of the Pay Commission recommendations within the granted three‑month period.
The Managing Director is required to appear virtually before the Court as directed.
No further interlocutory applications will remain pending.