The Indian Bank filed an application under Section 95. The State Bank of India sought to intervene in the matter. The Adjudicating Authority allowed the intervention. The Indian Bank filed an appeal against the order allowing the intervention. The Indian Bank contended that it was the applicant in Section 95 Applications and there was no reason to permit State Bank of India to intervene. The State Bank of India argued that it is the lead bank and there was a guarantee with the banks. The Corporate Debtor's resolution plan has been approved, which needs to be implemented. The court considered the submissions of both parties and perused the record.

The Indian Bank filed an application under Section 95. The State Bank of India sought to intervene in the matter. The Adjudicating Authority allowed the intervention. The Indian Bank filed an appeal against the order allowing the intervention. The Indian Bank contended that it was the applicant in Section 95 Applications and there was no reason to permit State Bank of India to intervene. The State Bank of India argued that it is the lead bank and there was a guarantee with the banks. The Corporate Debtor's resolution plan has been approved, which needs to be implemented. The court considered the submissions of both parties and perused the record.