Case Details
Case Name: YES Bank Limited vs Mr. Anil Madan
Court/Authority: National Company Law Tribunal, New Delhi Principal Bench
Case Number: IB-839(PB)/2024
Application Number: IA-865/2025
Date of Order: May 20, 2026
Legal Provision: Section 95(1) of Insolvency & Bankruptcy Code, 2016
Parties Involved
Petitioner: YES Bank Limited
Respondent: Mr. Anil Madan (Personal Guarantor)
Legal Representatives:
- For Petitioner: Mr. Anand Shankar Jha, Advocate along with Mr. Sachin Mintri and Mr. Abhilekh Tiwari, Advocates
- For Personal Guarantor: Ms. Neeha Nagpal, Advocate along with Mr. Nikunj Mahajan, Advocate
- For Respondent: Mr. Gaurav Mitra, Advocate (Appearance not marked)
- For RP: Mr. Shivam Gautam, Advocate
Tribunal Bench:
- Justice Anupinder Singh Grewal, Hon'ble President
- Shri Ravindra Chaturvedi, Hon'ble Member (Technical)
Hearing Details
Hearing Type: Hybrid Hearing (Physical & VC)
Current Status: Arguments heard in part
Next Hearing Date: July 6, 2026
Current Proceedings
The matter involves an insolvency petition filed by YES Bank Limited against Mr. Anil Madan as a personal guarantor under Section 95(1) of the Insolvency and Bankruptcy Code, 2016. Arguments were partially heard during the hybrid hearing. The tribunal has listed the matter for further arguments on July 6, 2026. No substantive findings, observations, or orders have been passed at this stage of the proceedings.
Final Ruling & Enforcement
The tribunal has not issued any final ruling, penalties, or directions in this order. The case remains pending with arguments partially heard and adjourned for continuation of arguments on the next hearing date.