NCLT Orders Yes Bank Refund Rs 31.55 Lakh in Liquidation Case

NCLT directs Yes Bank to refund Rs 31.55 lakh withdrawn from Hanumanta Engineering's account during liquidation moratorium periods.
Tribunal reprimands liquidator Sanjit Kumar Nayak for negligence and imposes Rs 1 lakh penalty for failing to protect assets.
Court finds unauthorized transactions by erstwhile director Gouri Shankar Chatterjee diminished liquidation estate value.