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 issued a scheduling order for three connected insolvency appeals:

  • 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 appeals challenge a previous order related to insolvency proceedings initiated by State Bank of India. The appellants are represented by Senior Advocate Mr. Kathpalia with a team of advocates, while Respondent 1 (State Bank of India) is represented by advocates Mr. Harshit Khare, Mr. Prafful Saini, and Mr. Ayuj Agrawal.

Final Outcome

The tribunal, comprising Officiating Chairperson Justice Yogesh Khanna and Technical Members Barun Mitra and Ajai Das Mehrotra, has listed all three appeals for hearing on July 31, 2026. The order was issued in hybrid mode, indicating both physical and virtual hearing options.

Topics: Insolvency Appeals, Banking Disputes, NCLAT Proceedings