Authority: Court (unnamed)
Order Date: 07-07-2026
Case Overview
- Parties: Applicant/Petitioner Surjeet Kumar, represented by Advocate Varun Chauhan; Respondent Punjab National Bank, represented by Advocate Arvind Sharma.
- The applicant filed an application seeking condonation of delay in filing a petition that was barred by limitation, citing a 48‑day delay caused by circumstances beyond his control.
- The respondent indicated no intention to oppose the application and expressed willingness to comply with any relief granted.
- The Court examined the affidavit supporting the application and concluded that the delay was neither intentional nor deliberate.
- The Court also issued a revision notice (Cr. Revision No.___ of 2026) granting the respondent four weeks to file a Power of Attorney.
- Subsequent notices (CRMPST No. 4521/2026 and CRMPST No. 4522/2026) addressed procedural requirements: suspension of the substantive sentence pending a 30% compensation deposit and a personal bond of Rs 20,000 with a surety, and the filing of English translations of documents within four weeks.
Final Outcome
- The Court condoned the 48‑day delay, ordered the petition to be registered, and disposed of the application.
- The respondent was granted four weeks to submit a Power of Attorney.
- The substantive sentence imposed by the lower court remains suspended, conditional upon the applicant depositing 30% of the compensation amount and furnishing a Rs 20,000 personal bond with a surety within six weeks.
- The applicant must appear as directed and surrender to serve the sentence if the revision is ultimately dismissed.
- English translations of the relevant documents must be filed within four weeks; the application is now disposed of.
Topics: Bank Litigation, Court Order, Procedural Relief