Authority: National Company Law Tribunal, New Delhi Court - IV
Order Date: 12.06.2026
Case Overview
The National Company Law Tribunal (NCLT) New Delhi heard multiple interconnected applications and a contempt petition in the matter of Yes Bank Ltd. versus Mothers Pride Education Personna Pvt Ltd. The proceedings originate from an insolvency application (IB/638/ND/2021) filed by Yes Bank Ltd. under Section 7 of the Insolvency and Bankruptcy Code, 2016. The specific matters being heard included Contempt Petition/51/ND/2025 and several Interlocutory Applications (IAs) with numbers 4933/ND/2024, 676/ND/2025, 707/ND/2025, 6100/ND/2024, 6570/ND/2023, 4838/ND/2025, 1459/ND/2026, and 2420/ND/2026. The hearing was conducted as a hybrid session (physical and video conference) before a bench comprising Hon'ble Member (Judicial) Shri Mahendra Khandelwal and Hon'ble Member (Technical) Shri Atul Chaturvedi. Multiple advocates represented the parties: Mr. Brijballabh Tiwari for the applicant in IA 4933/2024, Mr. Rishabh Arora in IA 6100/2024, and Mr. Ashwani Kumar in IA 4838/2025. Respondents 3 and 4 were represented by Ms. Jyoti and Mr. Aditya, while other respondents were represented by Mr. Naveen Sharma and Mr. Harsh.
Final Outcome
The NCLT bench adjourned the matter to July 23, 2026, citing "paucity of time" as the reason for not being able to proceed with the hearing on the scheduled date. The order was signed by Member (Technical) Shri Atul Chaturvedi.
Topics: NCLT Proceedings, Insolvency Case, Adjournment