SBI Appeal Dismissed; IPCL Non‑Appearance Amid Insolvency

Authority: Calcutta High Court, Civil Appellate Jurisdiction, Commercial Division

Order Date: 28 September 2026

Case Overview

• Parties: State Bank of India (appellant) vs Indian Power Corporation Limited (respondent No.1) and another respondent (ANR).
• IA No.: CAN/1/2022.
• Representation: Respondents were represented by Mr. Subhankar Banerjee, Advocate; no counsel appeared for the appellant.
• The court was informed that respondent No.1, Indian Power Corporation Limited, is undergoing a corporate insolvency resolution process.

Final Outcome

• The application AO‑COM/42/2025 along with the connected application were dismissed for default due to the appellant’s failure to appear.

Topics: Insolvency, Banking Litigation