Authority: Supreme Court of India
Order Date: 15-10-2026
Case Overview
- Appellant: Insurance Regulatory and Development Authority of India (IRDAI); Respondent: SMC Insurance Brokers Pvt. Ltd.
- Civil Appeal No. 71/2026 filed under Section XVII, Court No.5.
- Multiple interim applications for stay were filed: IA No. 8092/2026 (Stay Application) with CA No. 93/2026, IA No. 5276/2026 with CA No. 73/2026, IA No. 8252/2026 with CA No. 129/2026, and CA No. 163/2026 for admission.
- The matter was heard on 15 October 2026 before Hon’ble Mr. Justice J.B. Pardiwala and Hon’ble Mr. Justice K. Vinod Chandran. Counsel for the appellant included Mr. Mayank Sapra, Ms. Lalima Das, Adv. Abhi Sharma; counsel for the respondent included Mr. Manish Kumar and a team of senior advocates.
Final Outcome
- The Court directed that the pending stay applications be listed for hearing in the month of December 2026.
Topics: Stay Application, Insurance Regulation, Supreme Court Procedure