RBI Appeal Listed for Settlement Hearing 10 Sep 2026

Authority: Supreme Court of India

Order Date: 31 August 2026

Case Overview

• Parties: Reserve Bank of India (appellant) and A.B Tools (P) Ltd (respondent).
• Civil Appeal Nos. 5499‑5500/2016 concerning an application for settlement (IA No.184049/2026).
• Bench: Hon’ble Mrs. Justice B.V. Nagarathna and Hon’ble Mr. Justice R. Mahadevan.
• Counsel: Ms. Mukti Chowdhary (appellant) and Mr. Vinam Gupta (respondent).
• The application sought settlement of the disputes arising in the appeals.

Final Outcome

• The Court ordered that the application for settlement be listed for hearing on 10 September 2026. No substantive merits were decided.

Topics: Court Procedure, Banking Regulation