Authority: Supreme Court of India
Order Date: 29-09-2026
Case Overview
- Appellant: Pragya Jhunjhunwala; Respondents: State Bank of India and others.
- The appeal (Civil Appeal Nos.10592‑10593/2026) seeks admission IA No.238910/2026 for grant of interim relief.
- On 31‑08‑2026 the Court noted that the appeal was to be heard by the NCLAT on 10‑09‑2026.
- On the present hearing, counsel informed the Court that the NCLAT has already heard the appellant and that the respondents are yet to file their reply.
- Senior counsel for the appellant (Mukul Rohatgi, Navin Pahwa) highlighted developments during the interregnum.
- The Court requested the NCLAT to hear the respondents at the earliest and to decide the appeals on their merits, noting that the final date for submission of resolution plans is fixed as 02‑11‑2026.
- The Court directed that the matter be listed again on 30‑10‑2026 to report further progress in the NCLAT appeals.
Final Outcome
- No substantive ruling on the merits; the Court issued procedural directions to the NCLAT and set a reporting date of 30‑10‑2026.
Topics: Insolvency, Banking