Authority: Supreme Court of India

Order Date: 23-07-2026

Case Overview

  • Parties: Appellant – Kotak Mahindra Bank Ltd; Respondent – Trupti Sanjay Mehta & Ors.
  • Civil Appeal No.: 8531/2015.
  • Intervention Applications (IA): IA No. 8/2015, IA No. 96523/2022, IA No. 174232/2024, IA No. 96529/2022 (stay application).
  • Special Leave Petitions (SLP): SLP(C) No. 33113/2018 (IX) with IA No. 182394/2018, IA No. 182396/2018, IA No. 125/2019, IA No. 132/2019, IA No. 182397/2018, IA No. 123/2019, IA No. 8700/2019; and SLP(C) No. 9399/2022 (IX) with IA No. 82789/2022, IA No. 75457/2022, IA No. 77734/2022, IA No. 75454/2022, IA No. 77731/2022.
  • Bench (Coram): Hon'ble Mr. Justice Sanjay Kumar and Hon'ble Mr. Justice Sanjeev Sachdeva.
  • Counsel for Appellant: Mr. Satyajit A. Desai, Mr. Sachin Patil, Mr. Sachin Singh, Mr. Pratik Kumar Singh, Mr. Shashank Upadhyay, Ms. Anagha S. Desai (AOR), Mr. Amar Dave (Sr. Adv.), Mr. Mahesh Agarwal, Mr. Rishi Agrawala, Mr. Ankur Saigal, Ms. S. Lakshmi Iyer, Ms. Sukriti Bhatnagar, Ms. Anukanksha Singh, Mr. E.C. Agrawala (AOR).
  • Counsel for Respondent(s): Mr. Rohit Sharma, Mr. Nishanth Patil (AOR), Mr. Arijit Dey, Mr. Nikhil Purohit, Mr. Jatin Lalwani, Ms. Bhumi Agrawal, Mr. Abhishek Gupta, Mr. Awanish Gupta, Ms. Harshita Jain, Ms. S. Lakshmi Iyer, among others representing Kotak Mahindra Bank Ltd, RBI and the State of Maharashtra.

Final Outcome

  • The Court heard the arguments and granted leave in the special leave petitions.
  • Judgment was reserved for later pronouncement.
  • Both parties were allowed to file brief written submissions (maximum four pages each) within one week of the hearing date.
  • The registry was directed to forward the original documents deposited pursuant to the order dated 20‑04‑2017 in Civil Appeal No. 8531/2015 to Justice Sanjay Kumar.

Topics: Legal Proceedings, Banking Dispute