Yes Bank Arbitration Dismissed, Rs 20k Costs

Authority: High Court of Judicature at Bombay, Commercial Division

Order Date: September 10, 2026

Case Overview

• Applicant: YES BANK LTD, represented by authorised signatory Ms. Priya Bhange and counsel Mr. Omkar Shere together with Mr. Vikrant Sabne.
• Respondent: Anoj Dhruba Dhanaki, represented by counsel Mr. Amit Gala and Ms. Aishwarya Kadam.
• Matter: Commercial arbitration application (Comm Arbitration Application No. 384 of 2026) filed by the bank against the respondent.
• The Court observed that arbitration concerning the same subject matter is already underway, making the present application redundant.

Final Outcome

• The application is dismissed.
• YES BANK LTD (the applicant) is ordered to pay costs of Rs 20,000 to the respondent.

Topics: Arbitration, Banking Litigation