Supreme Court Extends Time for Rs 50k Fund

Authority: Supreme Court of India, Hon’ble Mr. Justice Satish Chandra Sharma (in Chamber)

Order Date: 18 July 2026 (date of digital signature)

Case Overview

• Parties: Tamil Nadu Industrial Investment Corporation Ltd. (Petitioner) and M/s Packer Sea Food (Pvt) Ltd (Respondent) in Miscellaneous Application No. 2564/2025, Civil Appeal No. 2679/2013.
• Petition: Petitioner requested time to file an application for withdrawal of the suitor fund amounting to Rs. 50,000.
• Hearing: The matter was called for admission on 16 July 2026 before Justice Satish Chandra Sharma.
• Counsel: Petitioner's counsel comprised Mr. KV Jagdishvaran, Ms. G. Indira, Mr. P. Gandepan, Ms. Anjali Singh, Ms. Yashi Jain, Mr. Sachin; Respondent's counsel not listed.

Final Outcome

• The Court granted a two‑week period to the petitioner to file the required application for withdrawal of the Rs. 50,000 suitor fund and ordered the case to be listed subsequently.

Topics: Court Order, Suitor Fund Withdrawal, Legal Procedure