Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi
Order Date: 23.07.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) heard an appeal filed by Umesh Shahra against State Bank of India and another respondent. The case is registered as Comp. App. (AT) (Ins) No. 1363 of 2025 with two interim applications (I.A. No. 5324 and 5326 of 2025). The hearing was conducted in hybrid mode with legal representation from both sides: Mr. Himanshu Satija and others represented the appellant Umesh Shahra, while Mr. Siddharth Sangal and others represented respondent State Bank of India.
Final Outcome
The bench comprising Justice Mohammad Faiz Alam Khan (Member Judicial) and Naresh Salecha (Member Technical) adjourned the matter due to time constraints. The appeal has been listed for next hearing on August 24, 2026. No substantive decisions or rulings were made in this order beyond the adjournment.
Topics: NCLAT Proceeding, Banking Dispute, Adjournment