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Supreme Court - Daily Orders

Mseb Holding Co. Ltd vs The Hong Kong And Shanghai Banking ... on 17 February, 2026

Author: Dipankar Datta

Bench: Dipankar Datta

     ITEM NO.48                          COURT NO.6                SECTION IX-A

                               S U P R E M E C O U R T O F     I N D I A
                                       RECORD OF PROCEEDINGS

                Miscellaneous Application No.2065/2025 in SLP(C) No.7870/2025

     [Arising out of impugned final judgment and order dated 24-03-2025
     in SLP(C) No.7870/2025 passed by the Supreme Court of India]

     MSEB HOLDING CO. LTD. & ANR.                                      Petitioners

                                                VERSUS

     THE HONG KONG AND SHANGHAI
     BANKING CORPORATION LTD. & ORS.                                   Respondents

     [TO BE TAKEN UP AT 3:45 P.M.]
     I.A. No.193045/2025-APPROPRIATE ORDERS/DIRECTIONS
     I.A. No.303021/2025-INTERVENTION/IMPLEADMENT

     WITH
     Diary No(s). 69596/2025 (IX-A)

     I.A. No.313984/2025-APPLICATION FOR PERMISSION
     I.A. No.314000/2025-EXEMPTION FROM FILING O.T.

     Date : 17-02-2026 These matters were called on for hearing today.

     CORAM :
                         HON'BLE MR. JUSTICE DIPANKAR DATTA
                         HON'BLE MR. JUSTICE AUGUSTINE GEORGE MASIH


     For Petitioner(s) :Mr. Tushar Mehta, Solicitor General
                        Mr. Anjan Dasgupta, Adv.
                        Ms. Rimali Batra, Adv.
                        Mr. Abhishek Lalwani, Adv.
                        Mr. Shivang Gupta, Adv.
                        M/s D.S.k. Legal, AOR

                                   Mr. Neeraj Kishan Kaul, Sr. Adv.
                                   Mr. Rajendra Barot, Adv.
                                   Mr. Vivek Shetty, Adv.
                                   Ms. Cheryl Fernandes, Adv.
                                   Mr. Ayush Chadha, Adv.
                                   Ms. Alankrita Sinha, Adv.
                                   Mr. Varun Tyagi, Adv.
Signature Not Verified
                                   Mr. Toshiv Goyal, Adv.
Digitally signed by
rashmi dhyani pant
Date: 2026.02.18
                                   Mr. Naman Nayyar, Adv.
17:10:51 IST
Reason:                            Mr. Navneet R., AOR



                                                 1
For Respondent(s) :Mr. Tushar Mehta, Solicitor General
                   Mr. Anjan Dasgupta, Adv.
                   Ms. Rimali Batra, Adv.
                   Mr. Abhishek Lalwani, Adv.
                   Mr. Shivang Gupta, Adv.
                   M/s D.S.K. Legal, AOR

                       Mr. Deepak Nargolkar, Sr. Adv.
                       Mr. Anandh K, AOR
                       Ms. Shraddha Dube Patil, Adv.
                       Ms. Iyer Shruti Gopal, Adv.
                       Mr. Ang Bajaj, Adv.
                       Mr. Anirudh Kate, Adv.



              UPON hearing the counsel the Court made the following
                                 O R D E R

1. In compliance with our order dated 12th January, 2026 read with the subsequent order dated 15th January, 2026, M/s. Shetgiri & Associates, Architects, Engineers, Structural Consultants, Interior Designers, P.M.C., Approved Valuers, has submitted a report.

2. In terms of the said report, the fair rental valuation (per month) of the commercial premises situated on the third floor (admeasuring 17,957.22 sq. ft.) and the fourth floor (admeasuring 5,349 sq. ft.) and with total area admeasuring 23,306.22 sq. fts. (third + fourth floor gross area) within the “HSBC Building” situated at M.G. Road, Fort, Mumbai-400001, receivable as on date of such report, if the property is let out on leave and license basis would be Rs.58,73,167/00 per month.

3. A copy of the report be circulated to the parties.

4. Relist the miscellaneous applications on 26th February, 2026 at 03:50 p.m. (RASHMI DHYANI PANT) (SUDHIR KUMAR SHARMA) ASTT. REGISTRAR-cum-PS COURT MASTER (NSH) 2