Authority: Supreme Court of India

Order Date: 14 August 2026

Case Overview

  • Petition for Special Leave to Appeal (C) No. 47/2026 filed by K. Venugopal Reddy (petitioner) against M/s. Nectar Laboratories Limited and others (respondents), arising from the impugned judgment and order dated 26‑09‑2025 in CA No. 14/2014 passed by the High Court for the State of Telangana at Hyderabad.
  • A mediation report had been received prior to the hearing on 14‑08‑2026.
  • Counsel for the petitioner: Senior Counsel Mr. Dama Seshadri Naidu and a team of advocates (Adv. Nithin Chowdary Pavuluri, Adv. Mullapudi Rambabu, Adv. Subham Saurabh, Adv. V. Soubhagya Valli, Adv. K. Vijaya Bhaskar Reddy, Niyati Law Chambers LLP, AOR).
  • Counsel for the respondents: Mr. D. Bharat Kumar, Adv. Aman Shukla, Adv. Bhoumik Nayyar, Adv. M. Chandrakanth Reddy, Adv. Thandra Sai Yeshwanth Reddy, Adv. Gopal Jha, AOR, along with additional advocates Mr. Rahul Shyam Bhandari, Ms. G Priyadharshni, Ms. Madhavilatha L, Mr. Satyam Pathak, Ms. Sanskriti Sharma, Mr. Abhishek Takur.
  • Respondent No. 1 and Respondent No. 2 appeared on caveat; consequently, notice was waived for them.
  • The petitioner, at his own risk and cost, consented to give up Respondents No. 4 to No. 17 from the array of parties, requesting amendment of the cause title.

Final Outcome

1. Notice waived for Respondent Nos. 1 & 2.

2. Notice to be issued to Respondent No. 3.

3. Petitioner's withdrawal of Respondents Nos. 4‑17 accepted; cause title to be amended accordingly.

4. The matter listed for further hearing on 16 November 2026.

5. Pleadings to be completed before the next listing.

6. Parties directed to continue their talks for an amicable resolution, without prejudice to their rights and contentions.

Topics: Legal Proceedings, Pharmaceutical Industry