Authority: Supreme Court of India
Order Date: 27-07-2026
Case Overview
- Petitioners: Bank of Baroda & Ors.
- Respondents: PNP PolytEX Private Limited & Ors.
- Petition No.: Special Leave to Appeal (C) No(s). 19714/2026, arising from impugned final judgment and order dated 28-04-2026 in WP No. 2791/2023 of the High Court of Bombay.
- The petition sought exemption from filing a copy of the impugned judgment and relief against the order dated 28‑04‑2026.
Order Details
1. Leave to appeal is granted (Reason: Signature Not Verified).
2. The operation of the impugned order dated 28‑April‑2026 is stayed unconditionally for one month from the date of this order.
3. If within this period the appellant secures the amount due and payable, digitally signed by Jatinder Kaur (Date: 2026.07.27 17:24:11 IST), and deposits it with the Registry, the stay shall continue until further orders.
4. Upon deposit, the Registry is directed to invest the amount in a short‑term fixed‑deposit, interest‑bearing account of a nationalised bank on an auto‑renewal basis, operative until a contrary order is passed.
5. Counsel for the first respondent is granted four weeks to file a counter‑affidavit.
6. Any rejoinder may be filed two weeks thereafter.
7. The civil appeal is to be re‑listed after eight weeks.
8. If the deposit is not made, the grant of leave shall stand revoked and the special leave petition shall be dismissed.
Final Outcome
- Special leave to appeal is granted with a conditional one‑month stay of the impugned order, subject to the appellant depositing the due amount as specified. Failure to deposit will result in revocation of leave and dismissal of the petition.
Topics: Special Leave to Appeal, Banking Litigation, Court Order