Authority: National Company Law Appellate Tribunal, Chennai Bench
Order Date: October 28, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has issued a procedural order in two connected insolvency appeals. The appeals, numbered Company Appeal (AT) (CH) (Ins) No. 262/2026 and Company Appeal (AT) (CH) (Ins) No. 263/2026, were filed by appellants Mr. Debashis Bose and Ms. Pragya Jhunjhunwala respectively. The respondents in both appeals are State Bank of India (R1) and Ms. MS Mano Ranjani, who is designated as the Resolution Professional (R2). The nature of the dispute and the specific orders being challenged are not detailed in this procedural document. The legal representation for the appellants included advocates Ms. Deepika Murali, Mr. Ankur Chawla, Mr. Kunal Vajani, and Ms. Nivea for Mr. Bose, and Senior Advocate Mr. Krishnendu Datta with advocates Mr. Arun C Mohan and Ms. Swabhhi Tyagi for Ms. Jhunjhunwala. The State Bank of India was represented by the Solicitor General of India, Mr. Tushar Mehta, and Senior Advocate Mr. PH Arvindh Pandian, along with a team of advocates.
Final Outcome
The tribunal, comprising Justice N. Seshasayee (Member-Judicial) and Jatindranath Swain (Member-Technical), heard the respondents and, by consent of all parties, scheduled these appeals for final hearing. The matters are listed for October 31, 2026, at 10:30 AM. This order is purely procedural and does not constitute a ruling on the merits of the appeals.
Topics: NCLAT Proceedings, Corporate Insolvency, Banking Litigation