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.