Authority: Supreme Court of India

Order Date: 15 July 2026

Case Overview

  • Petition: Transfer Petition(s) (Criminal) No(s). 353/2026 filed by M/S Sri Naga Sai Agencies & Anr (Petitioner) against Hero Fincorp Limited (Respondent).
  • Stay Application: IA No. 106433/2026 seeking stay of pending criminal proceedings.
  • Counsel for Petitioners: Mr. O.N. Sharma, Adv. M/S. Mukesh Kumar Singh And Co., AOR Mr. Mukesh Kumar Singh, Adv. Mr. Narendra Kumar Goyal, Adv. Mr. Jeetendra Kumar, Adv. Mr. A.K. Chaturvedi, Adv. Ms. Maulshree, Adv. Mr. Kadam Hans, Adv. Mr. Harsh Chaturvedi, Adv. Mr. Chirayu Sharma, Adv. Mr. Vipin Kumar Saxena, Adv. Mr. Pushkar Singh Mall, Adv.
  • Counsel for Respondent: Mr. Devendra Kumar Singh, Adv., Mr. Karunakar Mahalik, AOR.
  • Bench: Hon'ble Mr. Justice Ujjal Bhuyan and Hon'ble Mr. Justice Atul S. Chandurkar.
  • The petition sought a stay of Complaint Case No.22004 of 2024, pending before the Court of Judicial Magistrate First Class (NI Act‑03) Dwarka Courts, New Delhi.

Order Details

1. The Court heard learned counsel for both parties.

2. The respondent (Hero Fincorp Limited) was granted two weeks’ time to file a counter‑affidavit.

3. The petitioner’s request to stay the pending criminal complaint (Case No.22004 of 2024) was accepted.

4. Accordingly, the proceedings of Complaint Case No.22004 of 2024 are stayed until further orders.

5. The matter is listed for further hearing on 05 August 2026.

Final Outcome

  • The Supreme Court has stayed the criminal proceedings against Hero Fincorp Limited in Complaint Case No.22004 of 2024 and ordered the respondent to file a counter‑affidavit within two weeks; the next hearing is scheduled for 05‑08‑2026.

Topics: Legal Stay, Corporate Litigation