Justice Ranjit Kumar

Justice Ranjit Kumar is overseeing a series of tax and financial dispute resolution proceedings within the Supreme Court's Special Lok Adalat. Several cases involving Tata Global Beverages, IDBI Bank, Canara Bank, Punjab & Sind Bank, and National Insurance Co. Ltd. were recently heard, but none resulted in settlements. These cases, ranging from tax appeals to disputes over financial documents and FDR renewals, highlight the ongoing use of Lok Adalats as an alternative dispute resolution mechanism within the Indian legal system. The lack of settlements suggests complex underlying issues, potentially impacting the timelines and costs associated with resolving these matters, and could signal broader challenges in reaching amicable agreements in similar financial disputes.