Authority: Supreme Court of India

Order Date: 31-07-2026

Case Overview

  • Petitioners: M/S R.K. Road Lines & Ors.
  • Respondents: Jana Small Finance Bank Ltd. & Ors.
  • Petition: Special Leave Petition (C) No.6575/2025, arising from the impugned final judgment and order dated 03-02-2025 in CWP No.3093/2025 passed by the High Court of Punjab & Haryana at Chandigarh.
  • The petition sought relief against the High Court’s decision.
  • Respondent‑Bank issued a one‑time settlement offer through a letter dated 28 May 2026, which was produced in Court and retained with the records.
  • The parties worked out the terms of the settlement, and there remained no issue for the Court to decide.

Final Outcome

  • The Supreme Court disposed of the Special Leave Petition, appreciating the respondent‑Bank’s stance.
  • Direction issued: any deed still lying with the Bank as security shall be released in favour of the petitioners without any delay.
  • The petition is formally disposed of, and any pending applications, if any, shall stand closed.

Topics: Banking Settlement, Supreme Court Order