Atibir Industries Co Ltd v. State Bank of India & Anr
2026 INSC 115626 October 202610 min read
Supreme Court Uses Equitable Powers to Settle Massive Bank Loan Dispute, Orders Additional Rs. 125 Crore Payment
The Supreme Court used its equitable jurisdiction to settle a protracted loan dispute by directing the borrower to pay an additional Rs. 125 crores to the assignee bank to end all litigation.
Case Snapshot
- Case Name
- Atibir Industries Co. Ltd. v. State Bank of India & Anr.
- Citation
- 2026 INSC 1156
- Bench
- Justice V. Mohana , Justice Joymalya Bagchi , CJI Surya Kant
- Date of Judgment
- October 26, 2026
- Area of Law
- Banking Law – Non-Performing Assets (NPA) – SARFAESI Act, 2002 – Debt Assignment – Article 142 of the Constitution
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