PRADESHIYA INDUSTRIAL DEVELOPMENT CORPORATION LTD. U.P. vs HINDUSTAN AERONAUTICS LTD. (LUCKNOW DIVISION) — C.A. No. 1467/2018

Case under Section III-A. Status: Disposed.

Disposed

CNR: SCIN010082742012

Filing Date

12-Mar-2012

Registration No

C.A. No. 1467/2018

Diary Number

8274/2012

Order Date

01-Feb-2018

Document Type

ROP - of Main Case

Neutral Citation

2018 INSC 83

Disposal Type

Leave Granted & Disposed off

Last updated 05-Jul-2026

Acts & Sections

Section III-A

Petitioner(s)

  1. 1.PRADESHIYA INDUSTRIAL DEVELOPMENT CORPORATION LTD. U.P.

    Adv. M. C. DHINGRA (Dead / Retired / Elevated)

Respondent(s)

  1. 1.HINDUSTAN AERONAUTICS LTD. (LUCKNOW DIVISION)

    Adv. JATIN ZAVERI (Dead / Retired / Elevated)

Case History

  1. Case disposedDisposed

  2. 01-Feb-2018

    ROP - of Main CaseView PDF

  3. 01-Feb-2018

    Judgement - of Main CaseView PDF

  4. 01-Feb-2018

    Fixed Date by Court

    Hon'ble Mr. Justice Kurian Joseph and Hon'ble Mr. Justice Mohan M. Shantanagoudar

  5. 31-Jan-2018

    ROP - of Main CaseView PDF

  6. 31-Jan-2018

    Fixed Date by Court

    Hon'ble Mr. Justice Kurian Joseph and Hon'ble Mr. Justice Mohan M. Shantanagoudar

  7. 11-Jan-2018

    ROP - of Main CaseView PDF

  8. 11-Jan-2018

    First hearing

    Initial hearing scheduled

  9. 02-Mar-2017

    ROPView PDF

  10. 02-Mar-2017

    ROPView PDF

  11. 11-Jan-2017

    ROPView PDF

  12. 11-Jan-2017

    ROPView PDF

  13. 09-Dec-2016

    ROPView PDF

  14. 09-Dec-2016

    ROPView PDF

  15. 06-Oct-2016

    ROPView PDF

  16. 06-Oct-2016

    ROPView PDF

  17. 14-Sep-2016

    ROPView PDF

  18. 14-Sep-2016

    Office ReportView PDF

  19. 14-Sep-2016

    ROPView PDF

  20. 02-Sep-2016

    ROPView PDF

  21. 02-Sep-2016

    ROPView PDF

  22. 29-Aug-2016

    ROP - of Main CaseView PDF

  23. 29-Aug-2016

    ROP - of Main CaseView PDF

  24. 18-Jul-2016

    ROPView PDF

  25. 18-Jul-2016

    ROPView PDF

  26. 27-Apr-2016

    ROPView PDF

  27. 27-Apr-2016

    ROPView PDF

  28. 10-Mar-2016

    ROPView PDF

  29. 10-Mar-2016

    ROPView PDF

  30. 26-Nov-2015

    ROPView PDF

  31. 26-Nov-2015

    ROPView PDF

  32. 28-Sep-2015

    ROPView PDF

  33. 28-Sep-2015

    ROPView PDF

  34. 24-Aug-2015

    ROP - of Main CaseView PDF

  35. 24-Aug-2015

    ROP - of Main CaseView PDF

  36. 13-Apr-2015

    ROPView PDF

  37. 13-Apr-2015

    Office ReportView PDF

  38. 13-Apr-2015

    ROPView PDF

  39. 13-Mar-2015

    ROPView PDF

  40. 13-Mar-2015

    ROPView PDF

  41. 08-Jan-2015

    ROPView PDF

  42. 08-Jan-2015

    ROPView PDF

  43. 17-Oct-2014

    ROP - of Main CaseView PDF

  44. 17-Oct-2014

    ROP - of Main CaseView PDF

  45. 07-Aug-2014

    ROP - of Main CaseView PDF

  46. 17-Apr-2014

    ROP - of Main CaseView PDF

  47. 21-Jan-2014

    ROP - of Main CaseView PDF

  48. 06-Dec-2013

    ROP - of Main CaseView PDF

  49. 18-Oct-2013

    ROP - of Main CaseView PDF

  50. 13-Aug-2013

    ROPView PDF

  51. 30-Jul-2013

    ROP - of Main CaseView PDF

  52. 30-Apr-2013

    ROP - of Main CaseView PDF

  53. 08-Mar-2013

    ROP - of Main CaseView PDF

  54. 23-Jan-2013

    ROP - of Main CaseView PDF

  55. 27-Nov-2012

    ROP - of Main CaseView PDF

  56. 10-Sep-2012

    ROP - of Main CaseView PDF

  57. 03-Sep-2012

    ROP - of Main CaseView PDF

  58. 09-Apr-2012

    ROP - of Main CaseView PDF

  59. 12-Mar-2012

    Case filed

    Registration No. C.A. No. 1467/2018

  60. [ 2018 INSC 83 ]

    Judgement - of Main CaseView PDF

View Full Judgment
casestatus.in Summary

Case Summary: CA No. 1467/2018 Outcome: The Supreme Court disposed of eight consolidated appeals by directing the State of U.P. to pay bond investors contractual interest rates until principal repayment, then 11% interest thereafter, within three months. If delayed, 18% interest applies with personal liability for responsible officers. Key Facts: PICUP collected bond investments guaranteed by U.P. State but failed to honor payment obligations. The High Court had directed the State guarantor to disburse remaining amounts at contractual rates after the borrower's default. Next Steps: Payment deadline: three months from February 1, 2018; failure triggers 18% penalty interest and officer accountability. This case analysis is maintained by casestatus.in based on publicly available court records.

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