Tag
State Bank of India
30 articles
State Bank of India is navigating a complex legal landscape, with numerous insolvency and appeal proceedings ongoing before the National Company Law Appellate Tribunal (NCLAT) and the Supreme Court. These cases, involving various creditors and debtors, relate to loan defaults and recovery efforts, including hearings adjourned due to procedural delays and power failures. While the bank is actively pursuing these legal avenues, the Supreme Court also dismissed a petition related to a loan recovery case, and admitted a special leave petition concerning a criminal matter. Despite these legal challenges, SBI continues to engage with investors, holding meetings in Boston and New York to share publicly available information and maintain transparency.
NCLT Adjourns SBI vs Simbhaoli Guarantor Hearing
NCLT Allahabad Bench adjourns hearing for two insolvency petitions filed by State Bank of India against personal guarantor of Simbhaoli Sugars.
Adjournment granted until July 7, 2026, due to unavailab
ICICI Bank Appeals NCLAT Order Against SBI
ICICI Bank Ltd. files appeal against State Bank of India at NCLAT Principal Bench.
Appeal listed for hearing on July 22, 2026 with interim order continuing until then.
Multiple banks represented inclu
NCLAT Lists SBI Insolvency Appeals for Hearing
NCLAT lists three interconnected insolvency appeals for hearing on May 20, 2026.
Appeals involve State Bank of India as both appellant and respondent against other parties.
The order is procedural, sc
NCLAT Adjourns SBI Insolvency Appeals to May 15
NCLAT Principal Bench adjourns three interconnected insolvency appeals involving State Bank of India to May 15, 2026.
Appeals include Comp. App. (AT) (Ins) No. 419, 420, 440, and 551 of 2026 with SBI
NCLAT Lists SBI Insolvency Appeals for Hearing
NCLAT lists three interconnected insolvency appeals involving State Bank of India and other parties for hearing on May 18, 2026.
Appeals challenge orders related to corporate insolvency resolution pro
NCLT Adjourns Fedders Electric Hearing to June 2026
NCLT Allahabad Bench adjourns all pending applications in the Fedders Electric & Engineering Ltd insolvency case to June 29, 2026.
The case, initiated by State Bank of India under Section 7 IBC, has a
NCLT Bareilly Highways Insolvency Petition Hearing Update
NCLT hears State Bank of India's Section 7 insolvency petition against Bareilly Highways Project Limited.
Tribunal condones 7-day delay in filing reply, takes reply on record for merits adjudication.
State Bank of India vs Gaurav Rathi NCLT Adjournment
NCLT New Delhi adjourns insolvency petition filed by State Bank of India against Gaurav Rathi due to power failure.
Case IB-550(PB)/2021 under Section 95(1) of IBC 2016 renotified for hearing on 03.08
State Bank of India Insolvency Case Adjourned
NCLT adjourns State Bank of India's Section 95 insolvency application against Shanta Gupta due to power failure.
The matter has been renotified for a hearing on May 25, 2026.
The case involves a bankr
NCLAT Restores Maithan Alloys Insolvency Appeal
NCLAT restores State Bank of India's insolvency appeal against Maithan Alloys per Supreme Court order.
Maithan Alloys files application expressing willingness to comply with NCLAT's earlier directions
NCLAT Adjourns SBI vs Subodh Agrawalla Contempt Case
NCLAT adjourns State Bank of India's contempt case against Subodh Kumar Agrawalla and others, granting time for filing replies.
Maithan Alloys Ltd's counsel seeks time to file reply affidavit and unde
NCLAT Adjourns R.P. Info System Insolvency Appeal
NCLAT Principal Bench adjourns Kaustuv Ray's insolvency appeal against State Bank of India to August 2026.
Appeal filed by suspended director of R.P. Info System Ltd. challenges proceedings initiated
Bhaskar International vs SBI 8.09 Cr Dismissed
Supreme Court dismissed petition for special leave filed by Bhaskar International Private Ltd and others against SBI regarding SARFAESI possession order.
Petitioners sought to halt SBI's takeover of p
SBI Elects Four Directors to Central Board
State Bank of India announces election results for four directors to its Central Board for a three-year term.
Election process involved remote e-voting and e-voting at General Meeting held on May 15,
State Bank of India SLP Deadline Set
Supreme Court heard State Bank of India's petitions for special leave to appeal on 19 May 2026, before Registrar Gracy L. Bawitung.
Opportunities to file counter‑affidavits were declined for multiple
SBI Holds Investor One-on-Ones in Boston
• State Bank of India disclosed outcomes of one-on-one investor meetings held in Boston on May 19, 2026.
• Meetings were arranged by Jefferies and involved five major institutional investors and asset
State Bank of India SLP Admission 2026
Supreme Court admitted State Bank of India's SLP (Criminal) No. 4579/2026 against Prashanth B Hegde & Ors. on 19 May 2026.
The Court directed issuance of notice to unrepresented respondents and grante
SBI vs Ajay Sood: Appeal Not Deleted
Supreme Court heard petitions 6288-6289/2025 filed by Ajay Sood against State Bank of India and others.
The petitions arise from a High Court judgment dated 14‑07‑2023 in CWP No. 4844/2020 and RP No.
SBI HR Dept Delay Condoned by Supreme Court
Supreme Court condoned filing delay in Special Leave Petition filed by Munna Lal Yadav against SBI’s HR Department.
The order was delivered on 18 May 2026 by Justices Prashant Kumar Mishra and Alok Ar
SBI Holds Investor Meetings in New York
State Bank of India disclosed outcomes of its investor meetings held in New York on May 18, 2026.
The bank conducted four meetings, including three one-on-one sessions and one group meeting with six f
SBI Wins Supreme Court Appeal Dismissal
Supreme Court dismissed Bernard John’s civil appeal against State Bank of India, upholding the lower tribunal’s order.
The court also condoned delay in filing but ordered disposal of pending applicati
SBI Appeal Petition Not Taken Up, Listed
Supreme Court heard Petition for Special Leave to Appeal No. 21135/2024 filed by B.M. Satyanarayana against State Bank of India & others.
The petition seeks exemption from filing O.T., arising from a
Athena Chhattisgarh Power Ltd Insolvency Petition Adjourned
NCLT Hyderabad adjourns SBI's Section 7 IBC petition against Athena Chhattisgarh Power Ltd to August 2026.
Respondent granted two weeks to file counter; applicant gets two weeks thereafter for rejoind
NCLAT Lists SBI vs Adhunik Steels Appeal July 2026
NCLAT Principal Bench schedules hearing for State Bank of India's appeal against Adhunik Steels Ltd for July 7, 2026.
The appeal (Comp. App. (AT) (Ins) No. 1192 of 2019) was listed on May 15, 2026 for
Sujyot Infrastructure NCLT Liquidation Progress Reports
NCLT Ahmedabad accepts 10th liquidation progress report for Sujyot Infrastructure for Q4 FY26.
Tribunal also accepts separate progress report for the quarter ending December 31, 2025.
Both application
NCLT Admits SBI Insolvency Petition Against India Power
NCLT Hyderabad admits Section 7 IBC petition filed by State Bank of India against India Power Corporation Ltd as corporate guarantor for Meenakshi Energy's default.
Corporate Debtor contested petition
NCLT Closes State Bank Bankruptcy Proceedings Against Prashant Mupparapu
NCLT Hyderabad allows application to discharge bankrupt individual Prashant Mupparapu and close bankruptcy proceedings.
Bankruptcy Trustee appointed on 19 November 2025 submits final report approved b
State Bank of India Repayment Plan Approved by NCLT
NCLT Hyderabad approves Resolution Professional's application to record a repayment plan for M/s. Maruthi Tubes Private Limited.
The application was filed under Section 95 of the Insolvency and Bankru
Mata Energy Ltd Liquidation Period Extended Six Months
NCLT Hyderabad extends Mata Energy Ltd's liquidation period by six months until 18 November 2026.
Liquidator Kasi Srinivas filed application IA (IBC) 768/2026 seeking extension from 19 May 2026.
State
NCLT Hyderabad Reserves SBI vs YKM Entertainment Order
NCLT Hyderabad Bench hears application IA/1220/2025 in insolvency petition CP/206/7/HDB/2021 filed by State Bank of India.
Tribunal reserves its order after hearing arguments from counsels representin