Supreme Court Stays Venagro-Standard Chartered Case

Authority: Supreme Court of India

Order Date: 12-10-2026

Case Overview

• Petitioners: Venagro & Ors.
• Respondent: Standard Chartered Bank.
• Transfer Petition (Criminal) No. 1058/2026 filed for admission IA No. 294720/2026 – ex-parte stay.
• Hearing conducted on 12 Oct 2026 before Hon'ble Mr. Justice Alok Aradhe.
• Petitioner's counsel: Mr. Tadimalla Bhaskar Gowtham, Adv. Mr. M. Chandrakanth Reddy, Adv. Ms. Shambhawi Shiva, Adv. Mr. Sandeep Singh (AOR).
• Respondent's counsel not listed.
• Registrar-cum-PS Court Master (NSH): Radha Sharma, Divya Babbar.

Final Outcome

1. The Court ordered that a notice be issued, which must be returned within four weeks.

2. A stay was imposed on further proceedings in CS No. 200846 of 2026, titled "Standard Chartered Bank vs. Venagro," pending before the 13th Metropolitan Magistrate at Calcutta, West Bengal.

3. The matter was tagged with Transfer Petition (Criminal) No. 68/2024.

Topics: Court Proceedings, Banking Dispute