Authority: Supreme Court of India

Order Date: 14 July 2026

Case Overview

  • Parties: Appellant – Unnati Fortune Industries Pvt. Ltd; Respondents – Greater Noida Industrial Development Authority (GNIDA) and another respondent.
  • Nature: Civil Appeal No. 3173/2025 concerning a stay application (IA No. 50967/2025) related to lease rental arrears.
  • Background: GNIDA filed a counter‑affidavit indicating interest computed on lease rental arrears; the basis of this computation was contested.
  • Counsel: Senior counsel for the appellant included Mr. Nikhil Goel, Ms. Anuja Pethia, Mr. Noor Shergill, Mr. Rishabh Govila, Mr. Rishabh Nigam, Ms. Kshrirja Agarwal, Ms. Amisha Aggarwal, Mr. Aditya K. Roy; for the respondent, Mr. Binay Kumar Das, Ms. Priyanka Das, Ms. Neha Das, Mr. Shivam Saksena, Mr. Rishabh Nangia, Mr. Nishant Verma.

Final Outcome

  • The Court adjourned the matter to allow GNIDA time to ascertain the basis of interest computation.
  • The lease deed shall be placed on record.
  • The matter is re‑listed for 28 July 2026 and will retain its position on the next date.

Topics: Lease Rental Dispute, Stay Application