Case Details
Case Name: State Bank of India and Ors. vs. Manoj Kumar Das & Ors.; Sanjeev Chaddha & Ors. vs. State Bank of India & Ors.
Court/Authority: National Company Law Appellate Tribunal (NCLAT) Principal Bench, New Delhi
Case Numbers: Comp. App. (AT) (Ins) No. 419 & 420 of 2026; Comp. App. (AT) (Ins) No. 440 of 2026; Comp. App. (AT) (Ins) No. 551 of 2026
Date of Order: May 25, 2026
Parties Involved
Appellants:
- State Bank of India and Others (in Comp. App. (AT) (Ins) No. 419 & 420 of 2026)
- Sanjeev Chaddha & Others (in Comp. App. (AT) (Ins) No. 440 of 2026)
Respondents:
- Manoj Kumar Das & Others (including workmen)
- State Bank of India & Others
- Liquidator of Jet Airways
Legal Representation:
- For State Bank of India: Mr. Abhijeet Sinha, Sr. Advocate with multiple advocates
- For Workmen/Respondents: Mr. Pawanshree Agrawal and team of advocates
- For Liquidator/Jet Airways: Mr. Raghav Chadha and team of advocates
Proceedings
The hearing was conducted in hybrid mode on May 25, 2026. Learned Counsel for Appellant presented rejoinder arguments. The hearing has been completed and judgement has been reserved.
Next Steps
Both parties are permitted to file short notes of submissions, not exceeding five pages, by May 29, 2026.
Bench Composition
- Justice Ashok Bhushan, Chairperson
- Barun Mitra, Member (Technical)
The order represents a procedural update in ongoing insolvency appeals related to Jet Airways, with the substantive judgement reserved for future delivery.