M/S LEAD FINANCIAL SERVICES LTD. vs STATE BANK OF INDIA on 19 October 2026

1. The respondent no.1 State Bank of India filed O.A. bearing T.A. No.36512022 which is stated to be pending before DRT-III, Delhi. DRT-III, Delhi vide the irnpugned order dated 16.04.2025 has disrnissed I.A. bearing no.I36ll2024 filed by the appellant being the defendant no.6 in the O.A. DRT-III, Delhi vide the impugned order dated 16.04.2024 also dismissed another application bearingno.43112024 filed by the appellant being the def'endant no.6. The appellant being aggrieved hled the present appeal.

2. Sh. Pallav Saxena, Advocate for the appellant stated that in the O.A. the proceedings lrave already been cornpleted and listed for final arguments on 22.10.2026. He further stated that the present appeal can be disposed of by giving direction to DRT to pass final order in the O.A. without being influenced by any observation rnade in the order dated 16.04.202s.

3. Accordingly, the present appeal is disposed of with the direction to DRT-III, Delhi to decide O.A. bearing T.A. No.365/2022 on the basis of relevant facts and law without being influenced by any observation made in any interim order unless it is required to mention or relied upon.

4. Pending applications, if any, also stand disposed of. . :.1.- - . (Dr. Justice Sudhir Kumar Jain) Chairperson -pk