NCLAT Continues Interim Order in SBI-IDBI Bank Appeal

Authority: National Company Law Appellate Tribunal, Chennai

Order Date: 30.06.2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) at Chennai is hearing an appeal designated as Company Appeal (AT) (CH) (Ins) No. 462/2025. The appellant in the matter is the State Bank of India. The respondents are IDBI Bank and three other parties (3 Ors.). The appeal is being heard alongside two interlocutory applications, IA Nos. 1317/2025 and 593/2026. The legal representation includes Mr. Satish Parasaran, Senior Advocate, for the appellant (SBI) and Mr. P.H. Arvindh Pandian, Senior Advocate, for the first respondent (IDBI Bank).

Final Outcome

The tribunal, comprising Justice Sharad Kumar Sharma (Member - Judicial) and Jatindranath Swain (Member - Technical), issued a procedural order. The appeal was listed for the next hearing on 01.07.2026. The bench ordered that an interim order which was previously passed on 11.12.2025 will continue to operate until this next date of listing. The order does not disclose the specifics of the interim order or the underlying dispute.

Topics: NCLAT Proceeding, Banking Dispute, Interim Order