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State Bank of India

20 articles
State Bank of India is navigating a complex legal landscape, with numerous insolvency proceedings and related hearings adjourned across multiple National Company Law Tribunal (NCLT) benches. These cases, involving guarantors, debtors, and appeals, reflect ongoing efforts to recover dues and resolve corporate insolvency situations. A recent High Court ruling quashed a GST show-cause notice against SBI, highlighting potential tax-related challenges, while leadership changes within the bank's management structure are also underway. These developments suggest continued scrutiny and legal activity surrounding the bank, potentially impacting its financial performance and requiring vigilant risk management.
Gokul Aggarwal vs SBI NCLAT Appeal Hearing Scheduled
NCLAT schedules hearing for Gokul Aggarwal's appeal against State Bank of India for July 20, 2026. Tribunal directs both parties to file short submission notes and cited judgments within one week. The
SBI Branch Must Act Within 4 Weeks
The High Court of Odisha disposed of the writ petition at admission stage, directing SBI Jarka branch to consider petitioner’s grievance. The court ordered the bank to decide on the grievance, as per
SBI Appeals Yogiraj Spinning Insolvency NCLAT Order
State Bank of India appeals against Yogiraj Spinning's Resolution Professional in NCLAT insolvency proceedings. Respondent filed reply; appellant must file rejoinder by July 17, 2026, with hearing set
State Bank of India NCLAT Appeal on Liquidation Concessions
State Bank of India appeals NCLT order rejecting its application for reliefs and concessions as successful auction purchaser of Garden Court Distilleries. NCLT rejected SBI's application citing amendm
NCLAT Lists Gokul Aggarwal vs SBI Appeal
NCLAT Principal Bench schedules hearing for Gokul Aggarwal's appeal against State Bank of India. Parties directed to file two-page submission notes with supporting judgments within one week. Next hear
NCLT Adjourns SBI vs Chandra Prakash Mehra Hearing
NCLT Kolkata Bench adjourns Section 95(1) insolvency proceeding against personal guarantor Chandra Prakash Mehra. Matter involves State Bank of India as financial creditor and relates to a corporate d
NCLT Kolkata Adjourns Manglam Fiscal Liquidation Hearing
The National Company Law Tribunal Kolkata Bench adjourned the hearing for Manglam Fiscal Services P. Ltd. liquidation to July 28, 2026. The matter involves a corporate insolvency resolution process in
NCLT Kolkata Adjourns SBI vs Sudarshan Das Mundhra
NCLT Kolkata Bench adjourns hearing for State Bank of India's insolvency application against Sudarshan Das Mundra. Matter listed under Section 95(1) of IBC for next hearing on July 20, 2026. Hearing p
NCLT Kolkata Adjourns SBI vs Vinod Mittal Hearing
NCLT Kolkata Bench adjourned hearing in State Bank of India's insolvency application against Vinod Kumar Mittal. Matter listed for next hearing before Regular Bench on August 7, 2026. Application file
NCLT Adjourns SBI vs Mahesh Rajpal Insolvency Case
NCLT Indore Bench adjourns Section 95 IBC proceedings filed by State Bank of India against Mahesh Rajpal. Adjournment granted as applicant's arguing counsel is engaged before another bench on the hear
NCLAT Extends Interim Order in SBI-IDBI Bank Appeal
NCLAT Chennai extends an interim order from December 2025 until the next hearing on August 11, 2026. The appeal involves State Bank of India as the appellant and IDBI Bank among the respondents. The o
State Bank of India GST Show‑Cause Quashed
The High Court quashed a GST show‑cause notice issued to State Bank of India covering multiple financial years. The notice demanded Rs 5,48,56,775 GST plus equal penalty and interest, totaling approxi
SBI Writ Petition Withdrawn by Samantaray
Petitioner Gyanendra Samantaray filed writ petition WP(C) No.10165 against State Bank of India and another party. On 30 June 2026, counsel sought permission to withdraw the petition; court recorded th
Hackbridge Hewitic CIRP Timeline Extension Sought
NCLT Chennai hears application to extend Corporate Insolvency Resolution Process timeline for Hackbridge Hewitic and Easun Ltd. Resolution Professional states one resolution plan was received but late
State Bank of India NCLT Claims Report Application Disposed
NCLT Chennai disposes of State Bank of India's application regarding creditor claims compliance report. Tribunal takes on record the report proving compliance with its 28 April 2026 order directions.
NCLT Chennai Dismisses SBI Recall Applications in Amar Prakaash Insolvency
NCLT Chennai dismisses State Bank of India's applications seeking recall of its earlier order and condonation of 307-day delay in filing. Tribunal approves resolution plan by Aadarsh Surana for Amar P
NCLAT Continues Interim Order in SBI-IDBI Bank Appeal
NCLAT Chennai lists an appeal filed by State Bank of India for hearing on 01.07.2026. The tribunal orders that an interim order dated 11.12.2025 will remain in effect until the next hearing. The appea
NCLT Grants Ethnic Spices PUFE Audit Extension
NCLT Amaravati Bench grants a four-week extension to the liquidator of Ethnic Spices Pvt. Ltd. for filing a PUFE application. A transaction auditor was appointed on 12.06.2026 to identify preferential
NCLT Grants Ethnic Agros Liquidator PUFE Audit Extension
NCLT Amaravati Bench grants four-week extension to liquidator for filing PUFE application in Ethnic Agros Ltd liquidation. Transaction auditor appointed on 12.06.2026 to identify preferential, underva
NCLT Adjourns Fedders Electric Resolution Plan Hearing
NCLT Allahabad Bench adjourns multiple IAs in Fedders Electric & Engineering Ltd insolvency to August 4, 2026. The main corporate insolvency proceeding (CP (IB) No.75/ALD/2019) under Section 7 IBC has