Authority: Supreme Court of India
Order Date: 31-07-2026
Case Overview
- Petition for Special Leave to Appeal (C) No. 16047/2022 filed by S.A.S. Nagar Central Cooperative Bank Ltd (petitioner) against M/S. ASB Enterprises through its proprietor Arvind Singh Bhogal (deceased) and others (respondents).
- The petition arises from the impugned judgment and order dated 19-07-2022 in CWP No. 5578/2022 passed by the High Court of Punjab & Haryana at Chandigarh.
- Two interim applications were pending: IA No. 253899/2025 seeking permission to mediation, and IA No. 112867/2026 seeking permission to file additional documents/facts/annexures.
- Hearing conducted on 31-07-2026 before a bench comprising the Chief Justice and Justices Joymalya Bagchi and V. Mohana.
Observations & Order
- The Court was informed that mediation under IA No. 253899/2025 was unsuccessful.
- Despite the failed mediation, the Court noted that the parties continue making efforts for an amicable settlement.
- The order was digitally signed by NITIN TALREJA on 31-07-2026 at 16:37:03 IST, with a note that the signature was not verified.
- The order references a post dated 30.10.2026, indicating ongoing communication between the parties.
Final Outcome
- No substantive order on the merits of the appeal was issued; the matter remains pending.
- Parties may proceed with further submissions under IA No. 112867/2026 and continue settlement negotiations.
Topics: Court Proceedings, Banking Dispute