Case Name: Akshat Gupta vs Union Bank of India & Ors.
Court/Authority: Supreme Court of India, Civil Appeal No(s). 7421/2026.
Order/Case No.: Not applicable (appeal dismissal order).
Date: 22 May 2026.
Underlying Order: Impugned order passed by the National Company Law Appellate Tribunal, Principal Bench, New Delhi.
Parties Involved
Appellant: Akshat Gupta (individual).
Respondents: Union Bank of India and others.
Counsel for Appellant: Mr. Abishek Jebaraj, Ms. Sanjana Grace Thomas, Ms. A. Reyna Shruti, Mr. Akshit Pradhan (AOR).
Counsel for Respondents: Mr. Brijesh Kumar Tamber (AOR), Mr. Vinay Singh Bist, Mr. Prateek Kushwaha, Ms. Arani Mukherjee, Mr. Vaibhav Krishna Dayma, Mr. Yashu Rustagi, Mr. Sahas Bhasin.
Bench: Hon’ble Mr. Justice K.V. Viswanathan and Hon’ble Mr. Justice Vijay Bishnoi.
Issues / Allegations / Violations
The appellant sought relief against the NCLAT order; specific allegations or grounds for the appeal are not detailed in the order.
Findings & Observations
The Supreme Court held that it was not inclined to interfere with the impugned NCLAT order.
No substantive examination of the underlying dispute was recorded in the order.
Penalties / Settlements / Directions
No monetary penalties or settlements were imposed.
The Court directed that the appeal be dismissed.
Corrective Actions & Future Obligations
The Court ordered that any pending applications, if any, shall stand disposed of.
Final Ruling & Enforcement
The appeal (Civil Appeal No. 7421/2026) is dismissed.
The order is signed by Justices K.V. Viswanathan and Vijay Bishnoi and placed on the file.
