Supreme Court Dismisses Canara Bank Appeal

Authority: Supreme Court of India

Order Date: 10-08-2026

Case Overview

• Appellant: Canara Bank (secured creditor)
• Respondents: Sri Sai Annadatha Polymers & Anr (borrower)
• Civil Appeal No.298/2020 filed in the Supreme Court.
• During pendency, parties settled the underlying dispute, as indicated by counsel Rajesh Kumar Gautam.
• The court noted that the question of law arising from the appeal will remain open for future reference.

Final Outcome

• The appeal is disposed of as infructuous pursuant to the signed order dated 10‑08‑2026.
• All pending applications, if any, are ordered to stand disposed of.
• No further orders or directions are issued.

Topics: Court Order, Banking Litigation