Authority: Supreme Court of India
Order Date: 29-06-2026
Case Overview
- Petition: Special Leave Petition (C) No.17047/2026 filed by M/s Mohandas Chhataram, a financial creditor, challenging the final judgment and order dated 26‑03‑2026 in WPL No.31334/2025 passed by the High Court of Judicature at Bombay.
- Respondents: Union of India and other parties.
- Counsel for petitioner: Mr. Palash Singhai (Advocate on Record). Counsel for respondents: Mr. Amir Arsiwala and a team of senior advocates.
- The matter was heard by a partial bench comprising Hon’ble Mr. Justice K.V. Viswanathan and Hon’ble Mr. Justice Shree Chandrashekhar.
- The Court noted that the present petition is analogous to SLP (C) No.13640/2026, which was disposed of on 27‑April‑2026; the only distinction being the petitioner’s role as a financial creditor versus a suspended director in the earlier case.
Final Outcome
- The Supreme Court disposed of SLP No.17047/2026 in accordance with the order dated 27‑April‑2026, thereby rejecting the petition.
- All pending applications in the present matter were ordered to stand disposed.
Topics: Insolvency, Supreme Court, Special Leave Petition