Authority: National Company Law Appellate Tribunal, Chennai (Appellate Jurisdiction)
Order Date: September 1, 2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) at Chennai has listed two connected appeals filed by State Bank of India (Appellant) against ICICI Bank Ltd. and two other respondents. The appeals are registered as Company Appeal (AT) (CH) (Ins) No. 421/2025 (with IA No. 1201/2025) and Company Appeal (AT) (CH) (Ins) No. 422/2025 (with IA No. 1202/2025). The nature of the dispute between the banking institutions is not detailed in this procedural order. The matter was heard in hybrid mode with representation from both parties: Mr. ML Ganesh, Advocate for the Appellant (SBI), and Mr. H. Karthik Seshadri, Advocate for Respondents 1 and 2 (ICICI Bank Ltd. and another).
Final Outcome
The Tribunal, comprising Justice N. Seshasayee (Member Judicial) and Jatindranath Swain (Member Technical), adjourned both appeals to November 2, 2026, for further hearing. The order specifically states that any interim order previously issued by the Tribunal shall remain in effect until the next date of hearing.
Topics: Banking Dispute, NCLAT Proceedings