PUNJAB NATIONAL BANK vs INDIAN STEEL CORPORATION LTD.

The Supreme Court directed that H.S.B.C. Bank may file a written statement within six weeks after joining as a party in the pending suit before the District Judge, Indore. The Court expedited the hearing of the suit and allowed the respondent, Indian Steel Corporation Ltd., to file an application for amendments to the suit, with appropriate orders to be passed in accordance with law. The appeal was disposed of with no order as to costs.