Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad

Order Date: 10/06/2026

Case Overview

The National Company Law Tribunal (NCLT) Ahmedabad was hearing proceedings under Section 121(1) of the Insolvency and Bankruptcy Code, 2016 in the matter of State Bank of India (Applicant/Financial Creditor) versus Mrs. Anjana Sunil Mishra (Respondent/Personal Guarantor). The case was listed as C.P.(IB)/180(AHM)2026, Item No. 218. The bench comprised Mr. Shammi Khan (Hon'ble Member Judicial) and Mr. Sanjeev Sharma (Hon'ble Member Technical).

Final Outcome

The NCLT adjourned the matter based on the submission by the learned counsel for the Personal Guarantor (Mr. Dheeraj Garg, Adv.) that the order passed by the NCLT has been challenged before the National Company Law Appellate Tribunal (NCLAT) in Company Appeal (AT)(Ins.) No. 975 of 2026, which is scheduled for hearing on July 9, 2026. The matter has been rescheduled for further consideration at the NCLT on July 21, 2026.

Topics: Insolvency Proceedings, Personal Guarantor, Banking Litigation