JOTHAM FERRO ALLOYS PVT LTD vs RAMYAA YUVANESAN — SLP(C) No. 8891 - 8892/2026

Case under Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Debt Recovery by Banks, Financial Institutions, Cooperative Banks and Negotiable Instruments [Other Than Criminal Prosecution] Section XII. Status: Pending.

Pending

CNR: SCIN010125952026

Filing Date

26-Feb-2026

Registration No

SLP(C) No. 8891 - 8892/2026

Diary Number

12595/2026

Order Date

11-Jun-2026

Document Type

ROP - of Main Case

Last updated 14-Jun-2026

Acts & Sections

Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution] Section XII

Petitioner(s)

  1. 1.JOTHAM FERRO ALLOYS PVT LTD

    Adv. G. SIVABALAMURUGAN

Respondent(s)

  1. 1.RAMYAA YUVANESAN

    Adv. PURNIMA KRISHNA[R-1]

Case History

  1. 11-Jun-2026

    ROP - of Main CaseView PDF

  2. 11-Jun-2026

    Administrative Order

    Sh. Santosh Kumar

  3. 10-Mar-2026

    First hearing

    Initial hearing scheduled

  4. 26-Feb-2026

    Case filed

    Registration No. SLP(C) No. 8891 - 8892/2026

casestatus.in Summary

Summary: The Supreme Court heard a Special Leave to Appeal petition by Jotham Ferro Alloys Pvt Ltd against a Madras High Court order involving a secured asset auction. The Court granted interim relief, directing notice to the secured creditor-bank and auction purchaser, and staying possession takeover of the asset until the next hearing. Additionally, the Court froze a ₹50 lakh deposit made by the petitioner, prohibiting withdrawal without court permission. This case analysis is maintained by casestatus.in based on publicly available court records.

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