IPAC PAPER BOARDS (INDIA) PRIVATE LIMITED vs KOTAK MAHINDRA BANK LIMITED — SLP(C) No.(Verified On 24-3-2026)

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-A. Status: DISPOSED.

CNR: SCIN010135762026

DISPOSED

Filing Date

03-Mar-2026

Registration No

SLP(C) No.(Verified On 24-3-2026)

Diary Number

13576/2026

Order Date

25-Mar-2026

Document Type

ROP - of Main Case

Disposal Type

Dismissed as withdrawn

Data as of 15-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-A

Petitioner(s)

IPAC PAPER BOARDS (INDIA) PRIVATE LIMITED

Adv. VIKAS KUMAR

Respondent(s)

KOTAK MAHINDRA BANK LIMITED

Hearing History

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

25-Mar-2026

Mention Memo

Orders

View Full Judgment
casestatus.in Summary

Summary: On 25-03-2026, the Supreme Court heard the Special Leave Petition (Diary No. 13576/2026) filed by IPAC Paper Boards (India) Private Limited against Kotak Mahindra Bank Limited, challenging a High Court of Karnataka order dated 22-01-2026. After arguments, the petitioner's counsel sought permission to withdraw the petition, which was granted by the Court. The Special Leave Petition has been dismissed as withdrawn. This case analysis is maintained by casestatus.in based on publicly available court records.

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