Authority: Supreme Court Special Lok Adalat (Samadhan Samaroh)
Order Date: 23-08-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 11315/2025 filed by Kushal Agarwal against Chief Manager, Federal Bank Ltd. and others.
- The matter was heard before Hon’ble Justices B.V. Nagarathna and Sanjeev Sachdeva, with senior advocates representing both sides.
- Counsel submitted that a total liability of Rs 16,50,000 is due from the petitioner to the respondents; Rs 4,00,000 has already been paid and the remaining Rs 12,50,000 is to be paid on or before 31‑12‑2026.
Final Outcome
- The Special Leave Petition was disposed in accordance with the parties’ consensus.
- The Registry is directed to draw up a decree reflecting the settlement and the payment schedule.
- No further litigation on the matter.
Topics: Legal Settlement, Banking Dispute