A lengthy dispute has been resolved in favour of Punjab National Bank. The bank is now set to secure a property after a court ruling. A transaction from 1982 was deemed a genuine agreement to sell, rather than a loan security.

The dispute centred on a flat in a co-operative housing society. Payment of a balance amount is required for the bank to take possession.

Further details of the case and the court's decision are available, including the background to the 42-year dispute and the court proceedings that led to the ruling.