Case Details

  • Case Name: Ved Prakash Sharma vs. Kotak Mahindra Bank Limited & Anr.
  • Petition: Transfer Petition (Criminal) No. 555/2026
  • Court: Supreme Court of India (Partial Court Working Days Bench)
  • Date of Order: 04-06-2026
  • Original Case: CS/382507/2025 titled “Kotak Mahindra Bank Limited vs. Ved Prakash Sharma & Anr.” pending before Chief Judicial Magistrate, Calcutta
  • Proposed Transfer: to Chief Judicial Magistrate, West District, Tis Hazari Courts, Delhi

Parties Involved

  • Petitioner: Ved Prakash Sharma (represented by Mr. Ayur Jain, AOR)
  • Respondent: Kotak Mahindra Bank Limited & Anr.
  • Bench Judges: Hon’ble Mr. Justice Sanjay Karol, Hon’ble Mr. Justice Augustine George Masih
  • Registrar: Rajni Mukhi (signed order); Anu Bhalla (ASTT Registrar‑cum‑PS Court Master)

Issues / Allegations / Violations

  • Petition seeks transfer of the pending criminal case from Calcutta to Delhi for reasons not detailed in the order.

Findings & Observations

  • Court directed issuance of notice on the transfer petition.
  • Court directed exploration of possible settlement.
  • Return date for the notice set as 25-08-2026.
  • Dasti service permitted; steps to be taken within one week.
  • Notice to require respondents to file counter‑affidavit and reply to any interlocutory applications before next listing.

Penalties / Settlements / Directions

  • No monetary penalties imposed.
  • Directions include:
  • Issue notice and mention settlement possibility.
  • Set returnable date 25-08-2026.
  • Permit Dasti service; complete within one week.
  • Require respondents’ counter‑affidavit before next listing.

Corrective Actions & Future Obligations

  • Respondents must file counter‑affidavit and any replies to interlocutory applications before the next listed date.
  • Service of notice to be effected via Dasti within one week of the order.

Final Ruling & Enforcement

  • Order signed digitally by Registrar Rajni Mukhi on 04-06-2026.
  • Compliance with the directions is mandatory; failure may result in further court action.