Authority: National Company Law Appellate Tribunal Chennai Bench

Order Date: 07.07.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Chennai Bench heard two connected appeals: Company Appeal (AT)(INS)(CH) No.262/2026 filed by Debashish Bose and Company Appeal (AT)(INS)(CH) No.263/2026 filed by Pragya Jhunjhunwala. Both appeals are directed against State Bank of India & Anr as respondents. The appellants were represented by senior counsel Mr. Mukul Rohatgi (for Bose) and Mr. Arun Kathpalia (for Jhunjhunwala), along with their respective legal teams. The respondents were represented by Mr. Gopal Jain, Senior Advocate (for Interia) and Mr. Tushar Mehta, Solicitor General, along with their legal teams. The nature of the dispute and specific allegations against State Bank of India are not detailed in this procedural order.

Final Outcome

The bench, comprising Justice Yogesh Khanna (Member Judicial), heard preliminary arguments from both sides and adjourned the matter. The appeals are listed for further arguments on 13.07.2026 at 2 PM. No substantive decision on the merits of the case was made in this order.

Topics: NCLAT Proceedings, Banking Litigation