Authority: Supreme Court of India, Civil Appellate Jurisdiction
Order Date: 03 September 2026
Case Overview
- Appeal No.: Civil Appeal No.11751/2026 filed by Nakul Gupta (Appellant) against State Bank of India and other respondents.
- The appeal challenged the judgment and order dated 06 July 2026 passed by the National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, in Company Appeal (AT) (Insolvency) No.494/2024.
- Counsel for the appellant included Sr. Adv. Rajiv Shakdhar, Adv. Joby P. Varghese, AOR Shreesh Chadha, Adv. Rashi, Adv. Jagmeet Singh Randhawa, Adv. Aby P Varghese.
- Counsel for the respondents comprised Mr. Sanjay Kapur, AOR Surya Prakash, Adv. Shubhra Kapur, Adv. Kartikey Kaushik, Adv. Anuraj Mishra.
- The bench hearing the matter consisted of Hon'ble Mr. Justice J.B. Pardiwala and Hon'ble Mr. Justice K. Vinod Chandra.
Final Outcome
- The Supreme Court dismissed the appeal, thereby upholding the NCLAT order dated 06 July 2026.
- The court ordered that any pending applications, if any, shall stand disposed of.
- The signed order was placed on the file, and the Court Master entries (Harpreet Kaur, Pooja Sharma) recorded the disposition.
Topics: Insolvency, Banking Law