Authority: Supreme Court of India
Order Date: August 24, 2026
Case Overview
- Parties: Appellant – Punjab National Bank; Respondents – Orbit Spinning Pvt. Ltd. and others.
- Appeal Numbers: Civil Appeal Nos. 10018/2026, 10080/2026, 10698/2026, 10538/2026, 10596/2026, and a collective appeal arising out of Diary No. 39267/2026.
- Nature of Proceedings: Civil appeals concerning disputes between the bank and the textile company; multiple interim applications (IA) for ex‑parte stays and other reliefs were pending.
- Interim Applications Listed:
- IA No. 226697/2026 – ex‑parte stay with C.A. No. 10080/2026 (Section XVII‑B).
- IA No. 231035/2026 – ex‑parte stay with C.A. No. 10698/2026 (Section XVII‑B).
- IA No. 241394/2026 – ex‑parte stay concerning Diary No. 39267/2026 (Section XVII‑B).
- IA No. 234703/2026 – condonation of delay in refiling/curing defects.
- IA No. 234700/2026 – ex‑parte stay with C.A. No. 10538/2026 (Section XVII‑B).
- IA No. 236846/2026 – stay application for C.A. No. 10596/2026 (Section XVII‑B).
- IA No. 239066/2026 – ex‑parte stay.
- Counsel for Appellant: Mr. Brijesh Kumar Tamber (AOR), Mr. Vinay Singh Bist, Mr. Yashu Rustagi, Mr. Sahas Bhasin, Ms. Chanchala Kumari, Mr. Dhimaan Dutta.
- Judges Hearing the Matter: Hon'ble Mr. Justice K.V. Viswanathan and Hon'ble Mr. Justice Arun Palli.
- Registrar: Nirmala Negi (digitally signed on 2026‑08‑31) and Manoj Kumar, Assistant Registrar‑cum‑PS Court Master (NSH).
- The learned counsel for the appellant highlighted that similar matters had already been dismissed by the Court, prompting the present dismissal.
Final Outcome
- The Court condoned the delay in filing.
- All listed civil appeals were dismissed.
- Any pending applications, if existent, were ordered to stand disposed of.
- The signed order was placed on the file, concluding the proceedings.
Topics: Court Decision, Banking Litigation