Authority: Supreme Court of India
Order Date: 23‑09‑2026
Case Overview
- Petitioners: M/S Shubh Enterprises (petitioner) vs. Hemali Vrajendra Thakkar & Ors. (respondents).
- Origin: Special Leave Petition (C) No. 16609/2026 arising from High Court judgment dated 06‑02‑2025 in WP No. 8526/2024.
- Settlement terms: Parties agreed that Shubh Enterprises would pay Rs 44,33,055/- as full and final settlement of all claims of respondents Nos. 1 & 2.
- Default: Shubh Enterprises paid the settlement amount except Rs 14,33,055/-, creating a default.
- Court direction on 04‑05‑2026: Petitioner to deposit Rs 16,00,000/- in the Supreme Court Registry to cover the default and interest, with stay of execution proceedings before the State Consumer Dispute Redressal Commission, Maharashtra.
- Deposit: The Rs 16,00,000/- was deposited and placed in a short‑term fixed deposit in a nationalised bank as per the order.
Final Outcome
- Respondents’ counsel requested release of the deposited Rs 16,00,000/- together with accrued interest.
- The Court directed the Registry to identify and release the amount, with interest, to respondents Nos. 1 & 2 within two weeks of the order.
- Upon release, the dispute will be deemed fully settled; the IA No. 232564/2026 and the Special Leave Petition are disposed of, and any pending applications are also dismissed.
Topics: Court Settlement, Consumer Dispute