Authority: Supreme Court of India

Order Date: 15-07-2026

Case Overview

  • Petitioners: Arun Kumar Undavalli (Petitioner) vs. Margadarshi Financiers & Ors. (Respondent).
  • Petitions for Special Leave to Appeal (Criminal) Nos. 8543‑8545/2026, arising from the impugned final judgment and order dated 04‑08‑2025 in CRLP No. 5971/2011, IA No. 1/2025, and CRLP No. 6280/2011 passed by the High Court for the State of Telangana at Hyderabad.
  • The petitioner seeks condonation of delay in filing IA No. 25824/2026 and permission to file additional documents, facts, and annexures (IA No. 25822/2026).
  • Counsel for petitioner: Mr. K. Parameshwar (Sr. Adv.), Mr. Ramesh Allanki (Adv.), Ms. Aruna Gupta (AOR), among others.
  • Counsel for respondent: Mr. Y. Raja Gopala Rao (AOR), Mr. Dhuli Gopi Krishna (Adv.), Mr. Akshay Singh (Adv.), and additional counsel.
  • Bench: Hon'ble Mr. Justice M.M. Sundresh and Hon'ble Mr. Justice Prasanna B. Varale.

Final Outcome

  • The Court granted the petitioner two weeks' time to file a rejoinder affidavit.
  • In view of a letter from respondent counsel No.5, the matter was adjourned.
  • The next listing is scheduled for 03‑08‑2026.

Topics: Legal Proceedings, Financial Services