Tamil Nadu Mercantile Bank SLP Dismissed

Authority: Supreme Court of India

Order Date: 31-08-2026

Case Overview

• Petition: Tamil Nadu Mercantile Bank Ltd (petitioner) vs. Sagara A.S. & Ors. (respondents).
• Origin: Challenged the final judgment and order dated 21-04-2026 of the High Court of Karnataka, Bengaluru (CRLP No. 2864/2026).
• Bench: Hon'ble Mr. Justice Satish Chandra Sharma and Hon'ble Mr. Justice Nongmeikapam Kotiswar Singh.
• Counsel for petitioner: M. Yogesh Kanna (advocate), AOR Ms. Meha Ashok Aggarwal, Adv. Manoj Kumar A.

Final Outcome

1. Permission to file the Special Leave Petition was granted.

2. The Supreme Court declined to interfere with the High Court’s judgment; the Special Leave Petition was dismissed.

3. Any pending applications, if any, were ordered to stand disposed of.

Topics: Banking Litigation, Supreme Court Decision