Authority: Supreme Court of India

Order Date: 09-09-2026

Case Overview

  • Civil Appeal No. 12980/2025 filed by Ravindra Kumar Singh & ors (Appellants) against Punjab and Sind Bank & ors (Respondents).
  • Multiple intervention applications were listed: IA No. 285357/2025, IA No. 281501/2025, IA No. 266032/2025, IA No. 265828/2025.
  • Hearing was called on 09-09-2026 before Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandran.
  • Counsel for the Appellants included Mr. Ankit Anandraj Shah, Mr. Ankit Kumar Tiwari, and Adv. Avneesh Kumar Upadhyaya.
  • Counsel for the Respondents comprised a large panel of advocates, notably Mr. Naveen Pahwa appearing for Respondent No.4.

Final Outcome

1. Pursuant to the Court’s previous order dated 29‑07‑2026, Respondent No.4 deposited Rs 3.5 crore with Punjab and Sind Bank in connection with the “NCR Greens” project.

2. The Bank’s Board of Directors has been granted approximately four weeks to take a final decision on the proposal submitted by Respondent No.4.

3. The matter is adjourned to 28‑10‑2026; on that date Punjab and Sind Bank must file an appropriate report detailing subsequent developments.

Topics: Banking, Court Order