Authority: National Company Law Tribunal, New Delhi Bench (Court-II)
Order Date: 10 July 2026
Case Overview
The matter involves an application/petition filed by Vihaan Exims Company Pvt. Ltd. against Yes Bank Ltd. and others under Section 10 of the Insolvency and Bankruptcy Code, 2016. The petition was listed for hearing before the bench comprising Hon'ble Member (J) Ashok Kumar Bhardwaj and Hon'ble Member (T) Atul Chaturvedi. Representation was present for the applicant by counsel for Axis Bank Ltd., Advocates Anshuman Gupta and Karan Aggarwal. For the respondents, representation included Senior Standing Counsel and other advocates. The IT Department was represented by Sunil Kumar Agarwal. The hearing was conducted through hybrid mode (VC and physical).
Final Outcome
The bench noted "No time left" and adjourned the hearing without proceeding to substantive matters. The case was directed to be listed next on 12 August 2026. The order was signed by both members of the bench.
Topics: Insolvency Proceeding, Banking Dispute, NCLT Hearing