Authority: Supreme Court of India

Order Date: 26-10-2026

Case Overview

  • Civil Appeal No. 35599/2026 filed by Indian Bank & Ors against State Bank of India & Ors, arising from an impugned final judgment and order dated 08-04-2026 in CAAT(I) No. 629/2024 passed by the National Company Law Appellate Tribunal.
  • The petition sought condonation of delay in filing IA No. 194188/2026 and a stay of the same.
  • The matter was heard on 26 October 2026 before a bench of Hon'ble Mr. Justice Pamidighantam, Hon'ble Mr. Justice Sri Narasimha and Hon'ble Mr. Justice Alok Aradhe.
  • Counsel for the petitioners included Mr. Rajesh Kumar Gautam and others; counsel for the respondents included Mr. Siddharth Sangal and others.

Final Outcome

  • The Court granted the respondent’s request for a four‑week period to file a counter‑affidavit.
  • The matter was ordered to be listed after the expiry of the four‑week period.
  • The order was digitally signed by Assistant Registrar‑cum‑PS, Sweta Balodi, on 26‑10‑2026 at 17:01:25 IST.

Topics: Banking Litigation, Procedural Order