Authority: Supreme Court Special Lok Adalat

Order Date: 23-08-2026

Case Overview

  • Petitioner: Anand Rathore; Respondents: Indian Bank & others.
  • Petition filed as Special Leave Petition (C) No(s). 32024/2025 seeking return of auction amount of Rs 99.74 Lakhs.
  • High Court had previously granted interest at 6%; petitioner demanded 18% interest.
  • Parties appeared before the Special Lok Adalat on 23‑08‑2026; counsel for petitioner and respondents, and Deputy General Manager of Indian Bank were present.

Final Outcome

  • Settlement agreed: interest payable at 11% simple interest on the principal amount of Rs 99.74 Lakhs.
  • Payment to be made within four weeks from the order date.
  • Petitioner will hand over all title deeds to Indian Bank.
  • The Special Leave Petition is disposed of pursuant to the settlement; any pending interlocutory applications are also disposed.

Topics: Bank Dispute Settlement, Interest Rate Negotiation