Supreme Court dismissed SLP filed by Swadha Builders Private Ltd against Union Bank of India, upholding High Court order.
The civil suit (No.390/2014) alleges fraudulent equitable mortgage of Jessore Road property and seeks Rs 9.5 crore damages.
Supreme Court directed High Court to frame issues within four weeks, record oral evidence, and aim to dispose suit within one year.
No alteration to existing High Court judgments; any future actions by the assignee remain subject to final suit outcome.