A long running legal wrangle between ANZ and wealthy Indian couple Pankaj and Radhika Oswal may have reached the state of an in principle settlement, or so the Financial Review, The Australian and AAP reported late yesterday.The AFR reported that the size of the settlement is unknown but expected to be well short of what the Oswals were seeking.Adapting the AAP précis of the dispute, the Oswals sued ANZ and receivers PPB Advisory for A$2.5 billion in damages over the sale of a 65 per cent stake in liquid ammonia production company, Burrup Holdings, in 2012.The couple sold their share in the company for $560 million. The Oswals contend ANZ pressured them into selling their share for less than half its true value.Radhika Oswal said she was forced to forfeit her shares in the company — given to her as part of her marriage agreement — as a guarantee over hundreds of millions of dollars in debts her husband has accrued.The bank allowed the most recent legal proceedings to run long enough for the Oswals to air colourful accounts of the conduct of senior ANZ executives in the affair.For now, cross examination of Radhika Oswal - behind the most extreme allegations relating to ANZ conduct - has been averted.AAP reported hearing has been scheduled on Monday after the matter was stayed on Thursday before court began.