Authority: Supreme Court of India
Order Date: 02 July 2026
Case Overview
- Petitioners: Pankaj Kumar Tibrewal and Resolution Professional Incab Industries Limited.
- Respondents: The Custodian & Ors.
- Petition for Special Leave to Appeal (C) No. 24822/2023 arising from the impugned final judgment and order dated 04‑08‑2023 in MA No.92/2006 passed by the Special Court (Trial of Offences Relating to Transaction in Securities) Act 1992, Mumbai.
- Interlocutory Applications: IA No. 229204/2023 (exemption from filing copy of the impugned judgment) and IA No. 279401/2024 (substituted service).
- Hearing Date: 01‑07‑2026 before Hon'ble Justices K.V. Viswanathan and Shree Chandrashekhar (Partial Court Working Days Bench).
- Counsel for Petitioners: Mr. Palash Singhai (AOR). Counsel for Respondents: Mr. Siddharth Sangal (AOR), Ms. Richa Mishra, Adv., Ms. Kashish Tewatia, Adv., Ms. Mrinalini Tandon, Adv., Mr. Jagdish Chandra, Adv., Mr. Niteen Kumar Sinha (AOR), Ms. Aishwarya Sinha, Adv.
Order Details
1. The petitioner’s counsel was allowed two weeks to cure the defects in the application for substitution.
2. The matter was listed for further hearing on 11‑09‑2026.
3. An interim order was issued to continue the proceedings until the next date of hearing.
Final Outcome
- The Supreme Court granted a two‑week time‑frame to rectify the substitution application defects and scheduled the next hearing for 11 September 2026, with the case remaining active pending that date.
Topics: Legal Proceedings, Insolvency