Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: July 15, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) Principal Bench in New Delhi issued a scheduling order in Company Appeal (AT) (Insolvency) No. 1545 of 2025. The appeal was filed by State Bank of India as the Appellant against Sunil Kumar Agarwal, who is identified as the Erstwhile Resolution Professional of Yogiraj Spinning Ltd., as the Respondent. The order was passed in hybrid mode, indicating proceedings were conducted both physically and virtually.
Final Outcome
The NCLAT bench, comprising Justice Yogesh Khanna (Officiating Chairperson) and Barun Mitra (Member Technical), listed the appeal for hearing on August 11, 2026. No substantive hearing or decision on merits occurred during this proceeding. Both parties were represented by legal counsel: Mr. Harshit Khare and Mr. Ayuj Agrawal represented the Appellant (State Bank of India), while Ms. Honey Satpal, Mr. Akash Agarwal, and Mr. Aman represented the Respondent (Sunil Kumar Agarwal).
Topics: Insolvency Appeal, Banking Litigation, NCLAT Proceedings