Supreme Court Stays Exclusive Leasing Finance Case

Authority: Supreme Court of India

Order Date: 01-10-2026

Case Overview

• Petition: Transfer Petition (Criminal) No.1044/2026 filed by Gulshan Jaiswal against Exclusive Leasing and Finance Private Limited.
• The petition sought interim relief concerning an ongoing criminal matter; the Court heard arguments before Hon'ble Mrs. Justice V. Mohana.
• The respondent, Exclusive Leasing & Finance Pvt Ltd, was represented (no counsel listed).
• The Court noted the existence of a related civil case, Case No.789 of 2025 titled "Exclusive Leasing & Finance Private Limited vs. Gulshan Jaiswal" pending before the District Court, Jalandhar, Punjab.

Order

1. The Court directed that a notice be issued to the parties, to be returned within three weeks from the date of the order.

2. An interim stay was granted on the further proceedings in the District Court case No.789/2025, effectively halting any action until the Supreme Court's further directions.

Final Outcome

• The immediate effect is the suspension of the District Court proceedings and the commencement of the notice procedure in the Supreme Court petition.

Topics: Legal Proceedings, Finance