Indian Overseas Bank Appeal Taken On Board

Authority: Supreme Court of India

Order Date: 05-10-2026

Case Overview

• Petition for Special Leave to Appeal (Criminal) No. 12511/2026 filed by Indian Overseas Bank (Petitioner) against Saravanan Periasamy & Anr. (Respondents).
• The petition challenges the final judgment and order dated 23-06-2026 passed by the Madras High Court in WPCRL No. 1157/2025.
• An interim application (I.A. No. 285660/2026) seeks vacating a stay order.
• Counsel for the petitioner: Ms. Sneha Sanjay Botwe (Advocate on Record). Counsel for the respondents: Mr. D. Kumanan (Advocate on Record) and Mr. Shreekant Neelappa Terdal (Advocate on Record).
• The matter was listed before a two‑judge bench comprising Hon'ble Mr. Justice Sanjay Kumar and Hon'ble Mr. Justice Sanjeev Sachdeva.

Final Outcome

• The Court ordered that the matter be taken on board.
• The matter shall not be deleted from the notified date of 06-10-2026.

Topics: Legal Proceedings, Banking