Regulation And Legal
Supreme Court Dismisses Rashi Developers' Appeal
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
28th May 2026
Case Details
- Case: Petition for Special Leave to Appeal (C) No(s). 18890/2026.
- Origin: Impugned final judgment and order dated 27‑04‑2026 in WP No. 11728/2024 of the High Court of Karnataka, Bengaluru.
- Court: Supreme Court of India.
- Date of order: 27‑05‑2026.
- Jurisdiction invoked: Article 136 of the Constitution of India.
Parties Involved
- Petitioners: M/s Rashi Developers & Ors.
- Respondents: The State of Karnataka & Ors.
- Petitioner's counsel: Senior Advocate Devadutt Kamat, Sr. Adv.; AOR Saket Gogia; Advs Gauri Pande, Man Singh, Sheetal Maggon, Deepesh Meena, Adithya K S.
- Respondent's representation: Not specified in the record.
Issues / Allegations / Violations
- Petitioners sought special leave to appeal the High Court’s judgment dated 27‑04‑2026 in WP No. 11728/2024.
- Specific grounds of challenge are not detailed in the order.
Findings & Observations
- The Court observed that there was no good ground to interfere with the impugned judgment under Article 136.
- Consequently, the special leave petition was dismissed.
Penalties / Settlements / Directions
- No monetary penalties or settlements were imposed.
- The Court directed that any pending applications, if any, shall stand disposed of.
Corrective Actions & Future Obligations
- No corrective actions or future compliance obligations were stipulated.
Final Ruling & Enforcement
- Special Leave Petition dismissed.
- Pending applications disposed of.
- Order digitally signed by Registrar (Kavita Pahuja) on 27‑05‑2026 at 18:16:28 IST.