Supreme Court Stays Deletion of Asset Care

Authority: Supreme Court of India

Order Date: 30 July 2026

Case Overview

• Civil Appeal No.7943/2023 filed by Mithilesh Devi & Ors. against Asset Care and Reconstruction Enterprises Ltd. & Ors.
• Stay application (C.A. No.918/2024) was mentioned on 30 July 2026.
• Bench comprised Justice Dipankar Datta and Justice Sheel Nagu.
• Counsel for appellants: Mr. Dhananjai Jain, Ms. Priyanjali Singh, Mr. Sukrit Seth.
• Counsel for respondents: Khaitan & Co. team including Mr. Divyam Agarwal, Ms. Deeplaxmi Subhash Matwankar, Mr. Udian Sharma, Mr. Rajiv Kumar Virmani, Mr. Kaustubh Shukla, Mr. Chandra Bhushan Prasad, Mr. Sanjeev Malhotra, Ms. Tanya Swarup, Ms. Misha Rohatgi, Mr. Smarhar Singh.

Final Outcome

• The Court ordered that the stay application (C.A. No.918/2024) shall not be deleted from the notified date of 11 August 2026.
• Order digitally signed by Assistant Registrar Rashmi Dhyani Pant on 30 July 2026 at 16:53:17 IST.

Topics: Court Order, Corporate Legal Dispute