Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: October 5, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has adjourned two separate appeals involving State Bank of India as the respondent. The first appeal (Company Appeal (AT) (CH) (Ins) No. 165/2026) was filed by appellant Srinivas Raju Gottumukkal against State Bank of India and two other respondents, with associated interim applications IA Nos. 484, 485, and 486 of 2026. The second appeal (Company Appeal (AT) (CH) (Ins) No. 166/2026) was filed by appellant YS Chowdhary against State Bank of India and two other respondents, with associated interim applications IA Nos. 488, 489, and 490 of 2026. Both matters were heard together. The appellants were represented by advocates Mr. Sandeep Bajaj and Ms. Nidhi Mohan Parashar (for Gottumukkal) and Mr. Prajeeth Premkumar (for Chowdhary). State Bank of India (Respondent 1) was represented by advocate Ms. Aishwarya Nandiwada.
Final Outcome
The bench comprising Justice N Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical) ordered both appeals to be listed for hearing on October 7, 2026. The order was passed in hybrid mode, indicating a combination of physical and virtual hearing. This is a procedural adjournment without any substantive decision on the merits of the cases.
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