M/S NARULA ELECTRONICS vs STATE OF U.P — SLP(C) No. 16032/2026

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. Status: Pending.

Pending

CNR: SCIN010248072026

Filing Date

23-Apr-2026

Registration No

SLP(C) No. 16032/2026

Diary Number

24807/2026

Order Date

27-Apr-2026

Document Type

ROP - of Main Case

Last updated 27-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 XI

Petitioner(s)

  1. 1.M/S NARULA ELECTRONICS

    Adv. SANCHIT GARGA

Respondent(s)

  1. 1.STATE OF U.P

    Adv. BADRI PRASAD SINGH[R-5] BADRI PRASAD SINGH[R-6]

Case History

  1. 27-Apr-2026

    ROP - of Main CaseView PDF

  2. 27-Apr-2026

    Mention Memo

    Hon'ble Mrs. Justice B.V. Nagarathna and Hon'ble Mr. Justice Ujjal Bhuyan

  3. 23-Apr-2026

    Case filed

    Registration No. SLP(C) No. 16032/2026

casestatus.in Summary

Case Summary: M/S NARULA ELECTRONICS v. STATE OF U.P On 27-04-2026, the Supreme Court (Justices B.V. Nagarathna and Ujjal Bhuyan) heard Narula Electronics' Special Leave Petition challenging the Allahabad High Court's order dated 22-04-2026. The Court granted permission to file the SLP without certified copies, issued notice to respondents, and granted interim stay of the impugned High Court order and Writ Petition No. 15035/2026 proceedings. However, execution of the related Debts Recovery Tribunal case (S.A. No.790/2025) at Lucknow shall proceed unaffected pending further orders. This case analysis is maintained by casestatus.in based on publicly available court records.

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