Case Details

Case Name: State Bank of India & 2 Ors. vs S. Palaniappan, Erstwhile Liquidator of Nathella Sampath Jewelry Pvt. Ltd.

Court/Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)

Case Number: Company Appeal (AT) (CH) (Ins) No. 242/2025 (IA No.680/2025)

Hearing Date: June 5, 2026

Next Hearing Date: June 29, 2026

Parties Involved

Appellants: State Bank of India & 2 Others (unnamed additional appellants)

Respondent: S. Palaniappan, Erstwhile Liquidator of Nathella Sampath Jewelry Pvt. Ltd.

Legal Representation:

  • For Appellants: Mr. Edward James, Advocate
  • For Respondent: Mr. Niranjan RS, Advocate (For Mr. R. Vidhya Shankar, Advocate)

Interim Order

The Tribunal, comprising Justice Yogesh Khanna (Member Judicial) and Jatindranath Swain (Member Technical), has extended the earlier interim order until the next hearing date of June 29, 2026. The appeal was heard in hybrid mode.

Current Status

The matter is listed for further hearing on June 29, 2026. The nature of the interim relief being extended is not detailed in this procedural order, but it indicates ongoing protection or stay of certain actions pending the appeal's resolution.