Authority: Supreme Court of India

Order Date: 04-08-2026

Case Overview

  • Parties: Petitioner Sunil Kumar Tiwari vs Respondent Unnat Nagar 3 (Block 4 to 6) Cooperative Housing Society Ltd & others.
  • Origin: Special Leave Petition (CRL.) No.13129/2026 challenging the High Court judgment dated 03-07-2026 in CRLA No.358/2026.
  • Counsel: Petitioner's counsel – Mr. Bhushan Mahendra Oza (AoR), Mr. Deepak Singh, Mr. Amber Dwivedi, Mr. Kuldeep Sharma; Respondent's counsel – Mr. J.S. Kini, Mr. Prabhat Chaurasia, Mr. Jasdeep Singh Dhillon, Mr. Aum Kini, Mr. Anirudh Jamwal, Mr. Aditya Bajaj, Ms. Kenisha Savla (MPS Legal, AoR). Respondent No.1 appears on caveat.
  • Bench: Hon'ble Mr. Justice Ahsanuddin Amanullah and Hon'ble Mr. Justice Manmohan.

Final Outcome

  • The Supreme Court dismissed the Special Leave Petition, finding no merit to interfere with the impugned High Court order.
  • The Court observed the petitioner's apprehension that applications filed under the Maharashtra Protection of Interests of Depositors (in Financial Establishments) Act, 1999 might remain pending indefinitely, and clarified that the petitioner may move the designated court for early disposal of such applications.
  • Any pending application(s), if any, shall stand disposed of.

Topics: Legal; Depositor Protection