M/S QUINTESSENTIAL DESIGNS INDIA PVT LTD. vs CHIEF MANAGER, BANK OF INDIA — SLP(C) No. 11911/2026
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: DISPOSED.
CNR: SCIN010179782026
Filing Date
23-Mar-2026
Registration No
SLP(C) No. 11911/2026
Diary Number
17978/2026
Order Date
07-Apr-2026
Document Type
ROP - of Main Case
Disposal Type
Dismissed
Data as of 19-Jun-2026
Acts & Sections
Petitioner(s)
M/S QUINTESSENTIAL DESIGNS INDIA PVT LTD.
Adv. AAKASHI LODHA
Respondent(s)
CHIEF MANAGER, BANK OF INDIA
Hearing History
Judge: HON'BLE MR. JUSTICE DIPANKAR DATTA and HON'BLE MR. JUSTICE VIPUL M. PANCHOLI
FRESH
| Date | Purpose |
|---|---|
| 07-Apr-2026 | FRESH |
Orders
Case Summary On 07-04-2026, the Supreme Court dismissed Quintessential Designs India Pvt Ltd's special leave petition challenging the Madras High Court's judgment. The Court upheld the High Court's decision to relegate the petitioner to the Section 17 forum under the Securitisation and Reconstruction of Financial Assets Act, 2002, finding the relegation proper. The petitioner remains free to raise challenges against Section 13 measures and asset sales before the appropriate forum. This case analysis is maintained by casestatus.in based on publicly available court records.
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