Case Details

  • Case Name / Type: Special Leave Petition (Civil) – Diary No. 32733/2026
  • Court / Authority: Supreme Court of India
  • Case / Order No.: SLP No. 32733/2026 (arising from impugned judgment dated 15‑12‑2025 in ARBA No. 227/2023 and CMMA No. 6/2025)
  • Date of Hearing: 29‑05‑2026
  • Date of Order: 30‑05‑2026 (digitally signed by Kapil Tandon)
  • Period of Dispute / Violation: Relates to the impugned final judgment and order dated 15‑12‑2025 and subsequent arbitral proceedings.

Parties Involved

  • Petitioner: Torrent Power Limited
  • Respondent: Dakshinanchal Vidyut Vitaran Nigam Limited
  • Counsel for Petitioner: Mr. Shyam Divan (Senior Advocate), Mr. Mahesh Agarwal, Mr. Anshuman Srivastava, Mr. Shivam Shukla, Ms. Shivani Agarwal, Mr. Naman Agarwal, Mr. E. C. Agrawala (Advocate‑on‑Record)
  • Bench (Coram): Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Sri Narasimha, Hon'ble Mr. Justice Alok Aradhe

Issues / Allegations / Violations

  • Petition seeks:

1. Condonation of delay in filing IA No. 168091/2026.

2. Exemption from filing copy/certificate of the impugned judgment (IA No. 168092/2026).

3. Permission to file additional documents, facts, annexures (IA No. 168090/2026).

  • Additionally, the petitioner requests a stay on the operation of the impugned order and on further proceedings before the Arbitral Tribunal.

Findings & Observations

  • The Court, after hearing counsel, found merit in staying the operative effect of the impugned order and the arbitral tribunal proceedings pending resolution of the applications.
  • No substantive examination of the underlying merits of the dispute was undertaken; the focus was procedural.

Penalties / Settlements / Directions

  • Directions Issued:

1. Issue notice on the application seeking condonation of delay as well as on the Special Leave Petition; the matter is returnable on 31 Aug 2026.

2. Stay the operation of the impugned order and all further proceedings before the Arbitral Tribunal until further order.

  • No monetary penalties, fines, or settlements were imposed.

Corrective Actions & Future Obligations

  • The parties must comply with the stay order and await the next hearing scheduled for 31 Aug 2026.
  • Petitioners must submit the required notice responses and any additional documents as permitted by the Court.

Final Ruling & Enforcement

  • The Supreme Court granted a stay on the impugned order and arbitral tribunal proceedings.
  • The matter is returnable on 31 Aug 2026, at which point the Court will consider the applications for condonation of delay, exemption from filing the judgment copy, and permission to file additional documents.
  • Enforcement of the stay is immediate, and any action contrary to it may be subject to contempt proceedings.