Authority: National Company Law Appellate Tribunal Principal Bench, New Delhi

Order Date: 15th July 2026

Case Overview

The National Company Law Appellate Tribunal (NCLAT) Principal Bench heard six interconnected Company Appeals filed under insolvency provisions. The appeals involve multiple corporate entities and individuals appealing against Yes Bank Ltd. and others. The specific appeals include:

  • Company Appeal (AT) (Insolvency) No. 1096 of 2026: Insoft Global Pvt. Ltd. (Appellant) versus Yes Bank Ltd. & Anr. (Respondents)
  • Company Appeal (AT) (Insolvency) No. 1097 of 2026: Yes Bank Ltd. & Ors. as Respondents
  • Company Appeal (AT) (Insolvency) No. 1098 of 2026: RDG Enterprises Pvt. Ltd. (Appellant) versus Yes Bank Ltd. & Ors. (Respondents)
  • Company Appeal (AT) (Insolvency) No. 1100 of 2026 & I.A. No. 4307 of 2026: RDG Enterprises Ltd. (Appellant) versus Yes Bank Ltd. & Anr. (Respondents)
  • Company Appeal (AT) (Insolvency) No. 1101 of 2026: Nakul Himatsingka, Suspended Director (Appellant)
  • Company Appeal (AT) (Insolvency) No. 1102 of 2026: Nakul Himatsingka, Suspended Director of Ideal Unique Realtor Pvt. Ltd. (Appellant) versus Yes Bank Ltd. & Anr. (Respondents)

Multiple legal representatives appeared for the various parties across all appeals. For the appellants, representation included Mr. Santosh Ray, Ms. Srishti Mahana, Mr. Abhijeet Sinha (Senior Advocate), and several other advocates. For the respondents and Interim Resolution Professional (IRP), representation included Mr. Gaurav H. Sethi, Mr. Rahul Pawar, Mr. Vaibhav Gaggar (Senior Advocate), and their respective legal teams.

Final Outcome

The Tribunal, comprising Officiating Chairperson Justice Yogesh Khanna and Member (Technical) Barun Mitra, adjourned all matters and directed that these appeals be listed again on 16th July 2026 for further hearing. The order was passed in hybrid mode.

Topics: Insolvency Proceedings, Banking Litigation, Corporate Appeals