Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi

Order Date: 24 July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) has listed three connected insolvency appeals for hearing on July 31, 2026. The appeals involve State Bank of India as the primary respondent and members of the Aggarwal family as appellants:

  • Company Appeal (AT) (Insolvency) No. 1141 of 2026: Saranga A. Aggarwal (through Power of Attorney holder Gokul Anilkumar Aggarwal) vs. State Bank of India & Another
  • Company Appeal (AT) (Insolvency) No. 1142 of 2026: Anubhav A. Aggarwal (through Power of Attorney holder Gokul Anilkumar Aggarwal) vs. State Bank of India & Another
  • Company Appeal (AT) (Insolvency) No. 1144 of 2026: Gokul Anilkumar Aggarwal vs. State Bank of India & Another

The appellants were represented by Senior Advocate Mr. Kathpalia along with a team of advocates including Mr. J. Rajesh, Mr. G. Aniruth, Mr. MD Arsalan Ahmed, Mr. Yashwardhan Aggarwal, and Mr. Ali Abbas Masoodi. The respondents were represented by advocates Mr. Harshit Khare, Mr. Prafful Saini, and Mr. Ayuj Agrawal for Respondent 1 (State Bank of India).

The order was issued by a three-member bench consisting of Officiating Chairperson Justice Yogesh Khanna, Member (Technical) Barun Mitra, and Member (Technical) Ajai Das Mehrotra. The proceedings were conducted in hybrid mode.

Final Outcome

The tribunal adjourned all three appeals and listed them for hearing on July 31, 2026. No substantive hearing or decision on merits occurred in this order, which serves purely as a scheduling directive.

Topics: Insolvency Appeals, Banking Dispute, NCLAT Proceedings