M/S. JAGANNATH CASHEW PROCESSING UNIT (LOANEE) vs AUTHORISED OFFICER STATE BANK OF INDIA — SLP(C) No. 2427/2026
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 XI-A. Status: PENDING.
CNR: SCIN010001252026
Filing Date
02-Jan-2026
Registration No
SLP(C) No. 2427/2026
Diary Number
125/2026
Order Date
12-Mar-2026
Document Type
ROP - of Main Case
Data as of 04-Jun-2026
Acts & Sections
Petitioner(s)
M/S. JAGANNATH CASHEW PROCESSING UNIT (LOANEE)
Adv. BIRAJAKANTA MAHAPATRA
Respondent(s)
AUTHORISED OFFICER STATE BANK OF INDIA
Adv. SIDDHARTH SANGAL[R-1] S. LAKSHMI IYER[R-3]
Hearing History
Judge: HON'BLE MR. JUSTICE J.B. PARDIWALA and HON'BLE MR. JUSTICE K.V. VISWANATHAN
Ordinary
FRESH
FRESH
| Date | Purpose |
|---|---|
| 12-Mar-2026 | Ordinary |
| 23-Jan-2026 | FRESH |
| 23-Jan-2026 | FRESH |
Orders
Summary: The Supreme Court heard a Special Leave to Appeal petition filed by M/S. Jagannath Cashew Processing Unit against the State Bank of India, challenging a High Court order dated 15-10-2025. The petitioner's main contention was that a sale certificate was issued after the High Court had passed a status quo order. The Court issued notice to the respondents, returnable in four weeks, and permitted dasti (personal) service. This case analysis is maintained by casestatus.in based on publicly available court records.
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