R. K. Road Lines vs. Jana Small Finance Bank Ltd
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Order Issued After Hearing
Purpose:
First Hearing
Listed On:
5 Mar 2025
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Order Text
COURT NO.14
SUPREME COURT OF INDIA RECORD OF PROCEEDINGS
Petition(s) for Special Leave to Appeal(C) $No(s)$ . 6575/2025
[Arising out of impugned final judgment and order dated 03-02-2025 in CWP No. 3093/2025 passed by the High Court of Punjab & Haryana at Chandigarh]
M/S R.K. ROAD LINES & ORS.
Petitioner(s)
VERSUS
JANA SMALL FINANCE BANK LTD. & ORS. Respondent $(s)$
IA No. 59124/2025 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT
Date: 05-03-2025 This matter was called on for hearing today.
CORAM : HON'BLE MR. JUSTICE DIPANKAR DATTA HON'BLE MR. JUSTICE UJJAL BHUYAN
For Petitioner(s): Mr. Somvir Singh Deswal, Adv. Mr. Abhishek Deswal, Adv. Mr. Bhupendra Dalal, Adv. Mr. Manoj Kumar, Adv. Mr. Kuldeep Singh Bhakar, Adv. Mr. Nischal Kumar Neeraj, AOR
For Respondent(s) :
UPON hearing the counsel the Court made the following O R D E R
$1.$ We are informed that the petitioner owes the respondent a little in excess of Rupees thirty three lakh.
$2.$ Within a period of two weeks from date, the petitioner shall deposit a sum of Rupees twenty lakh with the Registry without prejudice to its rights and contentions in this special leave petition. Subject to such deposit, issue notice
to the respondents returnable three weeks hence.
In the event deposit is made, the Registry shall invest the said amount of
Rupees twenty lakh in a short-term fixed deposit interest bearing account of a
nationalized bank on auto renewal basis, until further order.
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There shall be unconditional stay of the operation of the impugned judgment and order dated February 03, 2025 for a period of two weeks from date. Again, subject to deposit ordered above, the stay shall continue for a period of four weeks or until further order, whichever is earlier.
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It is, however, clarified that if no such deposit is made within the period stipulated above, the special leave petition shall stand dismissed without further reference to the Court.
(JATINDER KAUR) (SUDHIR KUMAR SHARMA) P.S. to REGISTRAR COURT MASTER (NSH)