Authority: National Company Law Appellate Tribunal, Principal Bench, New Delhi
Order Date: 09.10.2026
Case Overview
The National Company Law Appellate Tribunal (NCLAT) dealt with two connected insolvency appeals filed by Yes Bank Ltd. The Appellant in both appeals is Yes Bank Ltd. The Respondents in Company Appeal (AT) (Insolvency) No. 449 of 2026 are Saradindu Jena & Ors. The Respondent in Company Appeal (AT) (Insolvency) No. 450 of 2026 is Saradindu Jena individually. The appeals were listed for hearing on 09.10.2026. Yes Bank Ltd. was represented by its advocates, Mr. Shreyan Das and Mr. Ranjan Rout. The Respondents were not represented during this hearing. The bench comprised Officiating Chairperson Justice Yogesh Khanna, Member (Technical) Mr. Barun Mitra, and Member (Technical) Mr. Ajai Das Mehrotra.
Final Outcome
The NCLAT did not conduct a substantive hearing on the merits of the appeals. The tribunal passed a procedural order adjourning both appeals. The next date of hearing for both matters is scheduled for 04.11.2026.
Topics: Insolvency, Banking Litigation, NCLAT