BANK OF BARODA vs M/S USHA SPINNERS — SLP(C) No. 17475/2026

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 IV-B. Status: DISPOSED.

CNR: SCIN010290652026

DISPOSED

Filing Date

11-May-2026

Registration No

SLP(C) No. 17475/2026

Diary Number

29065/2026

Order Date

22-May-2026

Document Type

ROP - of Main Case

Disposal Type

Disposed Off

Data as of 29-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 IV-B

Petitioner(s)

BANK OF BARODA

Adv. PRAVEENA GAUTAM

Respondent(s)

M/S USHA SPINNERS

Hearing History

Judge: HON'BLE MR. JUSTICE DIPANKAR DATTA and HON'BLE MR. JUSTICE SATISH CHANDRA SHARMA

22-May-2026

FRESH

Orders

View Full Judgment
casestatus.in Summary

Summary: Bank of Baroda's Special Leave Petition challenging the High Court's interim order restraining coercive action against Usha Spinners was disposed of on 22-05-2026. The Supreme Court directed the High Court to decide the underlying writ petition finally by 16th July 2026 after hearing all parties, keeping all contentions on merits open. The SLP was disposed of without interfering with the High Court's interim relief. This case analysis is maintained by casestatus.in based on publicly available court records.

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