Authority: Supreme Court of India

Order Date: 29-09-2026

Case Overview

  • Petitioner: Yes Bank Limited
  • Respondents: Daichi Sankyo Company Limited & Ors.
  • Origin: Arising from the impugned judgment and order dated 31-08-2026 passed by the High Court of Delhi (EX.APPL.(OS) No. 3763/2022).
  • Petition Numbers: Special Leave to Appeal (C) No(s). 33135/2026; IA No. 282710/2026 (exemption from filing C/C of the impugned judgment); IA No. 289320/2026 (permission to file additional documents/facts/annexures); SLP(C) No. 34013/2026 (IA No. 295229/2026 – permission to file additional documents/facts/annexures).
  • Counsel for Petitioner: Sr. Adv. Shyam Divan, Sr. Adv. Ritin Rai, Ms. Shally Bhasin, Adv. Prateek Yadav, Ms. Jyotsna Punshi, Ms. Sonsie Khatri, Adv. S. S. Shroff, AOR Shyam Divan, Sr. Adv. Manish Bhatt, AOR Samridhi, Adv. Adith Deshmukh, Ms. Tashi Saraf, among others.
  • Counsel for Respondents: Adv. Aditya Dewan, Ms. Himangi Kapoor, Adv. Naman Tandon, AOR Navin Kumar Pahwa, Sr. Adv. Abhishek Singh, M/S. K Ashar & Co., AOR Amit Rawal, Sr. Adv. Mukul Rohatgi, Sr. Adv. Arvind Datar, Sr. Adv. Arvind Nigam, Sr. Adv. Anand Swarup Pathak, Adv. Giriraj Subramanium, Adv. Nabik Syam, Adv. Pawan Bhushan, Adv. Anandita Barman, Adv. Shashank Kumar Anand, Adv. Chirag Gupta, Adv. Sai Srijan Neti, Adv. Rahul Krishan Sharma, Adv. Jaisal Baath, Adv. Kunal Chatterji, AOR Bijaharini G, Adv. Sushant Bontha, Adv. Kunal Chatterji, Ms. Saman Ahsan, Ms. Srijata Majumdar, Adv. Rahul Sangwan.
  • Key Issue: Interpretation of the High Court’s directions in paragraph 274 of the impugned judgment concerning a forensic audit of 17 banks.
  • Court’s Observation: The forensic audit directions are confined to commercial transactions/relationships between the judgment debtors, FHL, FHHPL and the banks. Clauses x and xi of paragraph 274 should not be read as authorising a broad, “fishing and roving” enquiry into the entire affairs of the banks beyond those specific transactions.

Final Outcome

  • The Court, after clarification, disposed of the Special Leave Petitions, subject to any pending applications that may still be before the Court.

Topics: Banking Litigation, Forensic Audit