Supreme Court Stays SIT Probe on Indian Bank

Authority: Supreme Court of India

Order Date: 25-09-2026

Case Overview

• Petitioners: Indian Bank & Ors.; Respondents: Amar Pal Singh & Ors.
• Petition filed for Special Leave to Appeal against High Court of Chhattisgarh order dated 10‑08‑2026 directing a Special Investigation Team (SIT) probe on petitioners' authorities.
• Counsel for petitioners appeared before a bench of Hon’ble Mr. Justice K.V. Viswanathan and Hon’ble Mr. Justice Arun Palli.
• Petitioners argue that undisputed survey numbers and properties should not be stayed and that auction proceedings should continue.

Final Outcome

• Court stayed the operation of the impugned order dated 10‑08‑2026 insofar as it directs the SIT probe.
• Notice issued, returnable on 23 Nov 2026; pleadings to be completed before that date.
• Petitioners are free to move an appropriate application before the High Court regarding the auction proceedings.
• Next hearing fixed for 23 Nov 2026.

Topics: Legal Proceedings, Banking