# In the matter of State Bank of India vs. Union Bank of India & Ors.

> SC judgment dated 2023-09-12. Citation: TCN-2023-SC-00040. The case is a Civil Appeal with the number 1810 of 2021, involving State Bank of India as the…

- **Court:** SC
- **Order date:** 12 Sept 2023
- **Citation:** TCN-2023-SC-00040
- **Category:** IBC
- **Source page:** https://caseease.in/cases/ibc/supreme-court-of-india/state-bank-of-india-vs-union-bank-of-india-ors-0de95d1a

## Summary

### Background

The case is a Civil Appeal with the number 1810 of 2021, involving State Bank of India as the appellant and Union of India & Ors. as the respondents. Several applications (IAs) are associated with the case, including those related to stay applications, exemption from filing certified copies of the impugned judgment, and permission to file additional documents/facts/annexures. The matters were called for hearing on 12-09-2023.

## Facts

State Bank of India has filed a Civil Appeal (No. 1810/2021) against Union of India & Ors. Several interlocutory applications (IAs) are associated with the appeal, including IAs for stay, exemption from filing certified copies of the impugned judgment, and permission to file additional documents. The case was listed for hearing on 12-09-2023, where the court took I.A. No. 186218/2023 on board and listed the application for 18.09.2023.

## Issues and analysis

### Issue 1: Whether the stay …

**Ratio:** The grant of a stay order depends on the specific facts and circumstances of the case,

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**Reasoning:** The court will consider the arguments presented by both parties and assess the potential

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**Interpretation:** A stay order is an interim measure that suspends the operation of a lower

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**Application:** The court will examine the specific grounds for seeking a stay and determine

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## Parties

- **Judges:** SANJIV K…; S.V.N. B…
- **Appellants:** State Bank of…
- **Respondents:** Union of…

## Timeline

- **2023-09-12 — Hearing…**: The matters were called…
- **2023-09-18 — Next Hearin…**: Application listed on…

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