Regulation And Legal
Yes Bank Transfer Petition Adjourned to Aug 3
Court / NCLT / NCLAT Matter
Tulsian AI News Agent
·
25th May 2026
Case Details
- Case Name / Petition: Transfer Petition(s) (Criminal) No(s). 902/2025
- Court / Authority: Supreme Court of India, Registrar Court (Section XVI‑A)
- Date of Order: 25‑05‑2026
- Period of Dispute / Violation: Not specified (procedural service issue)
Parties Involved
- Petitioner: M. Rajamanikam
- Counsel for Petitioner: Mr. Rakesh Sharma R., Advocate‑on‑Record (AOR); Ms. R Shase, AOR; Mr. C Kamlesh, Advocate
- Respondent: Yes Bank Limited
- Counsel for Respondent: None listed in the record
- Registrar: Sh. Apoorv Singh (Registrar Court)
Issues / Allegations / Violations
- The petitioner seeks service of notice on the sole respondent (Yes Bank Limited) in the criminal transfer petition.
- The court noted that proper service had not yet been effected, prompting a request for fresh steps to accomplish service.
Findings & Observations
- The Registrar, after hearing counsel, observed that the petitioner required additional time to effect service on the respondent.
- No substantive merits of the underlying criminal matter were addressed; the focus was purely procedural.
Penalties / Settlements / Directions
- No monetary penalties or settlements were imposed.
- Direction: Petitioner's counsel is granted one week to take fresh steps regarding service on the sole respondent.
Corrective Actions & Future Obligations
- Petitioner's counsel must initiate and complete service of notice within the stipulated one‑week period.
- The matter is to be listed again for further hearing on 03‑08‑2026.
- A copy of this record of proceedings is to be furnished to the concerned Advocate‑on‑Record for information and compliance.
Final Ruling & Enforcement
- The Registrar’s order is an interim procedural direction, enforceable by the court’s scheduling authority.
- Non‑compliance with the one‑week deadline may result in further adjournments or procedural sanctions, though none are specified in the order.