Authority: Supreme Court of India
Order Date: 21-09-2026
Case Overview
- Parties: Petitioners Manoj Kumar Sureshchandra Lunkad & Ors. vs Respondent Punjab National Bank & Ors.
- Origin: Appeal against the High Court of Bombay's final judgment and order dated 09-09-2026 in IA No.7153/2026, which declined an ad interim injunction to the petitioners concerning a residential flat.
- Petitioners sought further interim relief; the High Court previously denied such relief.
Court Observations & Directions
- The Court heard counsel, including Senior Counsel Mukul Rohatgi for the petitioners.
- The Court is inclined to grant the petitioners another opportunity, conditional upon the deposit of Rs 3 crore with the High Court registry.
- The High Court may direct the parties to maintain status quo regarding the subject residential flat.
- The second application for interim relief will be entertained only after the stipulated deposit is made.
Final Outcome
- The Special Leave Petition (SLP) No.33254/2026 is disposed of.
- All pending applications, if any, are also disposed of.
- Petitioners must deposit Rs 3 crore to obtain any further interim relief; otherwise, no further relief is available.
Topics: Legal Proceedings, Banking Dispute