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2026 Supreme(Online)(SC) 584

SUPREME COURT OF INDIA
R. Mahadevan, J.B. Pardiwala, JJ
Canara Bank – Appellant
Versus
Archean Industries Private Limited – Respondent


Table of Content
1. establishing the factual history and origin of the dispute regarding unpaid shipping vessel repairs and subsequent misdirected remittance. (Para 1)

R. MAHADEVAN, J.

1. Since both the appeals assail the same judgment and involve Signature Not Verified interconnected issues, they were heard together and are being disposed of by VISHAL ANAND Date: 2026.03.17

14:07:44 IST Reason:

this common judgment.

2. The present Civil Appeals arise out of the common judgment and decree dated 16.08.2021 passed by the High Court of Judicature at Madras, Hereinafter referred to as “the High Court” in O.S.A. No. 423 of 2012, whereby the Division Bench of the High Court allowed the appeal to the limited extent of decreeing the claim of Defendant No. 1 (Appellant in C.A. No. 13862 of 2024) against Defendant No. 2 (Appellant in C.A. No. 13861 of 2024) under the third-party procedure as prayed for, while affirming the judgment and decree dated 18.11.2010 passed by the learned Single Judge of the High Court in C.S. No. 933 of 1998 in all other respects.

3. The aforesaid Civil Suit was instituted by the plaintiff - Goltens Dubai (Respondent No. 2 in C.A. No. 13861 of 2024 and Respondent No. 1 in

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