Authority: Supreme Court Special Lok Adalat

Order Date: 22-08-2026

Case Overview

  • Parties: Punjab National Bank (appellant) vs. Anurag Gupta (respondent).
  • Background: The State Consumer Redressal Commission, Lucknow, originally awarded compensation of Rs 5 lakh plus interest to the respondent against the appellant. PNB appealed this award, and the appeal was dismissed by the National Consumer Redressal Commission, prompting the filing of a further appeal before the Supreme Court Special Lok Adalat.
  • Settlement Development: An office report dated 18‑08‑2026 indicated that the parties reached a settlement. The settlement deed, dated 12‑08‑2026, was signed by the appellant’s Chief Manager of Punjab National Bank and the sole respondent, Anurag Gupta.
  • Settlement Terms: Under the settlement, the respondent, Anurag Gupta, received Rs 8,00,000 (Rs 8 lakh) as full and final satisfaction of his claim. He endorsed that he will not press any further claim against the appellant.

Final Outcome

  • The appeal is disposed of in terms of the settlement. The settlement deed shall be made part of the award, effectively concluding the dispute.

Topics: Consumer Compensation, Bank Settlement