Authority: High Court at Calcutta, Commercial Division (Judges Debangsu Basak & Ajay Kumar Gupta)

Order Date: 23 July 2026

Case Overview

  • Parties: Nakul Himatsingka (plaintiff) and others vs Shaheen Asad & others; Yes Bank Ltd & Anr (appellant) vs Shaheen Asad & others.
  • Appeals: AO‑COM 32 of 2026 (Nakul Himatsingka case) and AO‑COM 33 of 2026 (Yes Bank case), both arising from the same impugned order dated 8 July 2026.
  • Impugned order: Ex‑parte ad interim injunction granted by the Commercial Court at Alipore in Title Suit (Com) No. 11 of 2026.
  • Plaintiffs sought vacating the injunction and addition of Yes Bank as a defendant; Yes Bank argued it is a necessary and proper party and raised maintainability issues.

Final Outcome

  • The High Court set aside the ex‑parte interim injunction dated 8 July 2026.
  • Yes Bank Ltd was added as a party‑defendant to Title Suit (Com) No. 11 of 2026, without prejudice to any rights.
  • The court directed that an affidavit‑in‑opposition be filed within three weeks, any reply within one week thereafter, and that the injunction petition be listed before the Single Judge after four weeks.
  • Both appeals AO‑COM 32/33 of 2026 and all connected applications were disposed of.

Topics: Injunction, Banking Litigation