STCI FINANCE LIMITED vs IMP POWERS LIMITED — C.A. No. 7855/2026
Case under Insolvency Laws and Insolvency and Bankruptcy Code, 2016 : Insolvency Laws and Insolvency and Bankruptcy Code, 2016 Section XVII-B. Status: Pending.
CNR: SCIN010287402026
Filing Date
09-May-2026
Registration No
C.A. No. 7855/2026
Diary Number
28740/2026
Order Date
21-May-2026
Document Type
ROP - of Main Case
Last updated 29-Jun-2026
Acts & Sections
Petitioner(s)
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1.STCI FINANCE LIMITED
Adv. K J JOHN AND CO
Respondent(s)
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1.IMP POWERS LIMITED
Adv. MALAK MANISH BHATT [caveat] SANJAY KAPUR [caveat] RAJESH KUMAR GAUTAM[R-10]
Case History
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21-May-2026
Fixed Date by Court
Hon'ble Mr. Justice Manoj Misra and Hon'ble Mr. Justice Manmohan
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18-May-2026
First hearing
Initial hearing scheduled
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09-May-2026
Case filed
Registration No. C.A. No. 7855/2026
Common Record of Proceedings — heard with connected matters
Lead case: C.A. No. 7449/2026
The Supreme Court heard Civil Appeal No. 7449/2026 filed by STCI Finance Limited against IMP Powers Limited and others. The Court upheld the NCLAT's decision regarding the validity of the corporate debtor's asset sale but agreed to entertain the appeal to examine whether STCI Finance had a first pari passu charge over the assets. The Court directed that the sale process may proceed to completion, with any distributions made subject to the appeal's outcome, and fixed the next hearing for July 29, 2026. This case analysis is maintained by casestatus.in based on publicly available court records.
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