Authority: Supreme Court of India
Order Date: 10-09-2026
Case Overview
- Petition: Writ Petition (Civil) No.1080/2026 filed by Satish Kumar (petitioner) against L&T Finance Services & Ors. (respondents).
- The petitioner seeks relief from coercive measures for recovery of a loan amount.
- The matter was heard before a bench comprising the Chief Justice, Justice Joymalya Bagchi and Justice V. Mohana.
- Counsel for the petitioner included multiple advocates; no counsel was listed for the respondents.
Order Details
- The Court directed issuance of a notice, returnable on 17-09-2026.
- Permission was granted for filing a Dasti (hand‑written) petition.
- The case is to be linked with SLP(C) No.7649/2023.
- The Court ordered that no coercive action be taken against the petitioner for loan recovery while proceedings continue.
- Petitioner's counsel is instructed to furnish a soft copy of the petition to Amicus Curiae Mr. Rajiv Jain.
Final Outcome
- The immediate effect is a stay on any coercive recovery action against Satish Kumar, pending further adjudication, and procedural directions for notice and documentation.
Topics: Court Order, Loan Recovery, NBFC