Supreme Court Extends BPTP Suitor Fund

Authority: Supreme Court of India, Hon'ble Mr. Justice Vipul M. Pancholi (in Chamber)

Order Date: 25-08-2026

Case Overview

• Parties: M/S. BPTP Ltd. & Anr (Appellants) vs Sanjay Rastogi (Respondent).
• Matter: Miscellaneous Applications Nos. 2084‑2085/2024 in Company Appeals Nos. 1001‑1002/2021 concerning the suitor fund.
• No application for withdrawal of the suitor fund amount has been filed by either party to date.
• The suitor fund is held in a Fixed Deposit Receipt (FDR) scheduled to mature on 21‑Oct‑2026.

Final Outcome

• The Court ordered that the FDR be renewed for an additional one‑year period starting from its maturity date.
• Parties are granted time to file an application for withdrawal of the suitor fund amount before the renewal takes effect.

Topics: Court Order, Suitor Fund, Fixed Deposit