Punjab National Bank vs Indian Steel Corporation Ltd

The Supreme Court ordered the impleadment of H.S.B.C. Bank Middle East Limited as a defendant in Civil Suit No.13A of 2009, emphasizing the need for expediency in the hearing of the suit. The Court permitted H.S.B.C. Bank to file a written statement within six weeks of joining the proceedings. The appeal was disposed of with directions for the amendment of the suit by the respondent, leaving costs to be borne by the parties.