Regulation And Legal
XLO India Ltd Petition Deposit Rs10 Lakh
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
4th Jun 2026
Case Details
- Case name: Petition for Special Leave to Appeal (C) No. 15450/2026
- Petitioner: XLO India Limited
- Respondents: Kunda Paulas Jadhav & Ors. (respondent nos. 1 to 3)
- Court/Authority: Supreme Court of India, Registrar Court, before Registrar Ms. Gracy L. Bawitung
- Order date: 04‑06‑2026
- Period of dispute: Not applicable (address vacancy issue)
Parties Involved
- Petitioner: XLO India Limited, represented by Mr. Satyajeet Kumar (Advocate) and Ms. Manshi S. Jain (Advocate‑on‑Record).
- Respondents: Kunda Paulas Jadhav and others (respondent nos. 1‑3) who have left their known address.
- Registrar: Ms. Gracy L. Bawitung.
- Digital Signatory: Madhu Grover (signature not verified).
Issues / Allegations / Violations
- Respondents nos. 1‑3 have vacated their known address without any instruction, preventing service of notice.
- Petitioner seeks a three‑week extension to file the new address of the respondents.
Findings & Observations
- The Court accepts the petitioner's request and directs that fresh particulars of respondents nos. 1‑3 be filed to enable issuance of notice.
Penalties / Settlements / Directions
- Petitioner has deposited an amount of Rs. 10 Lakh.
- The deposited amount has been placed in an interest‑bearing fixed deposit on an auto‑renewal basis, pursuant to the Court's order dated 06‑05‑2026.
Corrective Actions & Future Obligations
- Petitioner must file fresh particulars of respondents nos. 1‑3 on or before 25‑06‑2026.
- The filing is required to facilitate the issuance of notice to the respondents.
Final Ruling & Enforcement
- The matter is listed again for hearing on 04‑08‑2026.
- A copy of this Record of Proceedings shall be furnished to the concerned Advocate‑on‑Record for information and compliance.