Authority: National Company Law Tribunal, Principal Bench, New Delhi
Order Date: 13 July 2026
Case Overview
The National Company Law Tribunal (NCLT) Principal Bench heard matters related to case IB-950(PB)/2020, which involves State Bank of India as the petitioner seeking initiation of bankruptcy proceedings against respondent Farah Khan under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The bench was composed of Justice Anupinder Singh Grewal (President) and Shri Ravindra Chaturvedi (Member - Technical). The hearing was conducted in hybrid mode (physical and video conference). Legal representation included advocates for the bankruptcy trustee (Mr. Abhishek Anand, Mr. Karan Kohli, and Ms. Ridhima Mehrotra), while the appearance for the applicant (State Bank of India) was not marked in the records.
Final Outcome
The tribunal issued a procedural order adjourning the matter and listing the new interlocutory application (IA-3041/2026) along with the main case for the next hearing on 29 July 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceedings, Banking Debt, NCLT Hearing