Authority: National Company Law Tribunal, New Delhi Principal Bench
Order Date: 06.07.2026
Case Overview
The National Company Law Tribunal (NCLT), New Delhi Principal Bench, heard an application numbered IA-865/2025. The proceedings involve YES Bank Limited as the petitioner initiating action against Mr. Anil Madan as the respondent. The application was filed under Section 95(1) of the Insolvency & Bankruptcy Code, 2016. The bench was composed of Justice Anupinder Singh Grewal, Hon'ble President, and Shri Ravindra Chaturvedi, Hon'ble Member (Technical). The hearing was conducted in a hybrid mode (physical and video conference). Representation was present for the creditors, YES Bank Ltd., through advocates Mr. Anand Shankar Jha and Mr. Sachin Mintri. Representation was also present for the Resolution Professional (RP) through advocate Mr. Shivam Gautam.
Final Outcome
The tribunal did not issue a final ruling on the merits of the case. The order solely lists the application (IA-865/2025) for the next hearing on 10th August 2026. The outcome of the insolvency proceedings against the respondent remains pending until the next date of hearing.
Topics: Insolvency Proceeding, Banking, NCLT