Authority: Supreme Court of India

Order Date: 23 July 2026

Case Overview

  • Civil Appeal No. 4015/2014 filed by C.I.T.-3 Mumbai (appellant) against Small Industries Development Bank of India (respondent).
  • The dispute arises under the Insolvency and Bankruptcy Code, with the appellant seeking relief from the respondent.
  • The bench comprised Justice Prashant Kumar Mishra and Justice Shree Chandrashekhar.
  • Counsel for the appellant was Mrs. Anil Katiyar (AOR); counsel for the respondent included Mr. S Dwarakanath (ASG), Mr. Sudarshan Lamba (AOR), Mr. Rajat Vaishnav, Mr. Udai Khanna, and Mr. Gaurav Arya.

Final Outcome

  • The Court granted the relief prayed for by the appellant and ordered that the matter be posted for further hearing on 30 July 2026.

Topics: Insolvency, Banking