Case Details
Case Name: State Bank of India vs. Farah Khan
Court/Authority: National Company Law Tribunal, New Delhi Principal Bench
Case Number: IB-950(PB)/2020
Interlocutory Application: IA-42/2026
Date of Order: 20.05.2026
Legal Provision: Order under Section 95(1) of the Insolvency & Bankruptcy Code, 2016
Bench Composition: Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical)
Hearing Mode: Hybrid Hearing (Physical & Video Conference)
Parties Involved
Petitioner: State Bank of India
Respondent: Farah Khan
Representation for Petitioner/Bankruptcy Trustee: Mr. Karan Kohli and Ms. Aanya Gupta, Advocates
Representation for Respondent: Mr. Raghuvir Kapoor, Advocate (Appearance not marked)
Issues / Allegations / Violations
This is a bankruptcy petition filed by State Bank of India against individual Farah Khan under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. The specific nature of the debt or alleged violations leading to the bankruptcy petition are not detailed in this procedural order.
Findings & Observations
The tribunal noted that Mr. Raghuvir Kapoor, learned counsel for the respondent, submitted that a reply has been filed in the matter. However, the tribunal observed that this reply is not on the official record.
Final Ruling & Enforcement
The tribunal directed the respondent's counsel to take necessary steps to bring the reply on record. The matter was adjourned and listed for the next hearing on 08.06.2026. No final determination on the bankruptcy petition was made in this order.