Regulation And Legal
Union Bank Delay Condoned by Supreme Court
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
26th May 2026
Case Details
- Case Name: Union Bank of India & Ors. vs Sreekumar V.D.
- Diary No.: 27214/2026 (Special Leave Petition – Civil)
- Court/Authority: Supreme Court of India
- Order/Case No.: Impugned final judgment and order dated 07‑07‑2025 in WA No. 1822/2018 (High Court of Kerala, Ernakulam)
- Date of Hearing: 25‑05‑2026
- IA No.: 151396/2026 (Condonation of Delay in Filing)
Parties Involved
- Petitioners: Union Bank of India & Ors.
- Respondents: Sreekumar V.D.
- Counsel for Petitioners: Mr. O. P. Gaggar, Advocate‑On‑Record; Mr. Sachindra Karn, Advocate.
- Counsel for Respondents: Not listed.
Issues / Allegations / Violations
- Petition seeks condonation of delay in filing the Special Leave Petition before the Supreme Court.
- No substantive allegations regarding the underlying dispute are detailed in the order.
Findings & Observations
- The Court, after hearing counsel, found that the delay in filing may be condoned.
Penalties / Settlements / Directions
- Order 1: Delay in filing is condoned.
- Order 2: Issue a notice to the parties, which must be returned within eight weeks.
Corrective Actions & Future Obligations
- Parties must comply with the notice and submit their responses within the stipulated eight‑week period.
Final Ruling & Enforcement
- The filing delay is officially condoned; the matter proceeds on the basis of the notice to be returned within eight weeks.