K. P. RIDGE PVT. LTD vs UNION BANK OF INDIA — SLP(C) No. 18314 - 18317/2026

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 IX. Status: DISPOSED.

CNR: SCIN010281692026

DISPOSED

Filing Date

07-May-2026

Registration No

SLP(C) No. 18314 - 18317/2026

Diary Number

28169/2026

Order Date

18-May-2026

Document Type

ROP - of Main Case

Disposal Type

Permission to File SLP/Appeal-allowed and matter dismissed(including all pending Ias)

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 IX

Petitioner(s)

K. P. RIDGE PVT. LTD

Adv. VIPUL JAI

Respondent(s)

UNION BANK OF INDIA

Adv. O. P. GAGGAR [caveat] NISARG CHOUDHARY[caveat] [caveat] [caveat]

Hearing History

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

18-May-2026

FRESH

Orders

View Full Judgment
casestatus.in Summary

Case Summary: K. P. Ridge Pvt. Ltd. v. Union Bank of India The Supreme Court disposed of K. P. Ridge's special leave petition challenging the Bombay High Court's April 2026 judgment that had set aside fraud-based findings against an auction purchaser (Mrs. Uppal). The Court remitted the case to the Debts Recovery Tribunal to expeditiously consider the borrower's amended Section 17 SARFAESI application on merits with full hearings for all parties, while imposing an undertaking on Mrs. Uppal not to encumber or alienate the mortgaged property without DRT leave pending final decision. This case analysis is maintained by casestatus.in based on publicly available court records.

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