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Supreme Court of India · 2023-04-18

PUNJAB AND SIND BANK vs FRONTLINE CORPORATION LTD

Citation / case number
SC 2017/13522
Court
Supreme Court of India
Petitioner
PUNJAB AND SIND BANK
Respondent
FRONTLINE CORPORATION LTD
Author
HON'BLE MR. JUSTICE B.R. GAVAI
Bench
HON'BLE MR. JUSTICE ARAVIND KUMAR HON'BLE MR. JUSTICE B.R. GAVAI

Judgment text excerpt

The Supreme Court allowed the appeal by Punjab and Sind Bank, reversing the High Court's decision that set aside the Single Judge's interim order regarding the sale of the suit property. The court emphasized the importance of maintaining the status quo during ongoing litigation and highlighted the necessity for the bank to protect its interests as a creditor. The judgment reinstated the earlier order allowing the bank to proceed with the sale of the property while ensuring that final orders would not be passed until the resolution of the ejectment suit.

PUNJAB AND SIND BANK vs FRONTLINE CORPORATION LTD · Niyam