Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: September 28, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard two connected insolvency appeals: Company Appeal (AT) (Ins) No. 595 of 2024 filed by Madhusudan Agrawal and Company Appeal (AT) (Ins) No. 525 of 2024 filed by Harish Agrawal. Both appellants are appealing against State Bank of India & Another respondent. The appeals appear to be related to insolvency proceedings, though the specific nature of the dispute is not detailed in this procedural order. The matter was heard by a three-member bench consisting of Officiating Chairperson Justice Yogesh Khanna, Member (Technical) Mr. Barun Mitra, and Member (Technical) Mr. Ajai Das Mehrotra.
Final Outcome
The NCLAT adjourned both appeals to December 15, 2026, citing lack of time for hearing on the current date. The tribunal specifically ordered that the interim order currently in place shall continue until the next hearing date. This indicates that some form of temporary relief or protection remains effective for the appellants until the matter is next taken up for hearing.
Topics: NCLAT Proceedings, Insolvency Appeal, Banking Dispute