Authority: Supreme Court of India
Order Date: 28 October 2026 (digital signature date)
Case Overview
- Parties: Sudha Apparels Limited (appellant) vs. Ravi Sethia (respondent). The matter involved IA No. 158004/2026 (stay application) and IA No. 318166/2026 (for impleadment).
- On 27‑10‑2026 the Court heard counsel and considered the status of the liquidation of Future Lifestyle Fashions Limited, for which an order directing liquidation was passed on 09‑07‑2026.
- The Resolution Professional of Future Lifestyle Fashions Limited, Mr. Ravi Sethia, was previously a party‑respondent in the special leave petition.
- The Court noted that following the liquidation order, the Resolution Professional no longer has a role in the litigation.
Final Outcome
- IA No. 318166/2026 was ordered; Sanjay Gupta, the Liquidator of Future Lifestyle Fashions Limited, was impleaded as a party‑respondent in the special leave petition.
- Ravi Sethia’s name was deleted from the array of parties, effectively removing him from the petition.
- The cause title shall be amended within two weeks from the order date.
- The matter is re‑listed for hearing on 17‑11‑2026 and will retain its position on the list for the next date.
Topics: Court Order, Liquidation, Impleadment