Case Details

  • Case Name: Municipal Corporation of Panchkula vs Kotak Mahindra Bank Limited (Accountant)
  • Petition No.: Special Leave Petition (C) No. 17939/2026
  • Court: Supreme Court of India
  • Order Date: 27‑05‑2026 (hearing on 25‑05‑2026)
  • Originating Order: High Court of Bombay judgment dated 27‑04‑2026 in IA(L) No. 14182/2026
  • Period of dispute: Not specified

Parties Involved

  • Petitioners: Municipal Corporation of Panchkula
  • Respondent: Kotak Mahindra Bank Limited (Accountant)
  • Counsel for Petitioners: Mr. K. M. Nataraj (ASG), Mr. Shekhar Raj Sharma (A.A.G.), Mr. Akshay Amritanshu (AOR), Ms. Nidhi Narwal (Adv.), Ms. Srishti Jain (Adv.), Mr. Sarthak Srivastava (Adv.)
  • Bench: Hon’ble Mr. Justice Pamidighantam, Sr. Narasimha and Hon’ble Mr. Justice Alok Aradhe

Issues / Allegations / Violations

  • The petition challenged the High Court’s order dated 27‑04‑2026 in IA(L) No. 14182/2026; specific allegations are not detailed in the Supreme Court order.

Findings & Observations

  • The Supreme Court observed that it was not inclined to interfere with the impugned order under Article 136 of the Constitution of India.

Penalties / Settlements / Directions

  • No monetary penalties or settlements were imposed; the petition was dismissed.

Corrective Actions & Future Obligations

  • No corrective actions or future obligations were directed by the Court.

Final Ruling & Enforcement

  • The Special Leave Petition is dismissed; any interlocutory applications, if filed, are disposed of.