K. P. RIDGE PVT. LTD vs UNION BANK OF INDIA — SLP(C) No. 18314 - 18317/2026
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 IX. Status: DISPOSED.
CNR: SCIN010281692026
Filing Date
07-May-2026
Registration No
SLP(C) No. 18314 - 18317/2026
Diary Number
28169/2026
Order Date
18-May-2026
Document Type
ROP - of Main Case
Disposal Type
Permission to File SLP/Appeal-allowed and matter dismissed(including all pending Ias)
Data as of 29-Jun-2026
Acts & Sections
Petitioner(s)
K. P. RIDGE PVT. LTD
Adv. VIPUL JAI
Respondent(s)
UNION BANK OF INDIA
Adv. O. P. GAGGAR [caveat] NISARG CHOUDHARY[caveat] [caveat] [caveat]
Hearing History
Judge: HON'BLE MR. JUSTICE DIPANKAR DATTA and HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA
FRESH
| Date | Purpose |
|---|---|
| 18-May-2026 | FRESH |
Orders
Case Summary: K. P. Ridge Pvt. Ltd. v. Union Bank of India The Supreme Court disposed of K. P. Ridge's special leave petition challenging the Bombay High Court's April 2026 judgment that had set aside fraud-based findings against an auction purchaser (Mrs. Uppal). The Court remitted the case to the Debts Recovery Tribunal to expeditiously consider the borrower's amended Section 17 SARFAESI application on merits with full hearings for all parties, while imposing an undertaking on Mrs. Uppal not to encumber or alienate the mortgaged property without DRT leave pending final decision. This case analysis is maintained by casestatus.in based on publicly available court records.
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