Case Details

Case Name: YES Bank Limited vs. Mr. Manish Madan

Court/Authority: National Company Law Tribunal, New Delhi Principal Bench

Case Number: Item No. 119 (IB) - 838(PB)/2024

Application Number: IA-566/2025

Date of Order: 20.05.2026

Legal Provision: Order under Section 95(1) of the Insolvency & Bankruptcy Code, 2016

Parties Involved

Petitioner: YES Bank Limited

Respondent: Mr. Manish Madan (Personal Guarantor)

Legal Representatives:

  • For Petitioner (YES Bank): Mr. Anand Shankar Jha, Advocate along with Mr. Sachin Mintri and Mr. Abhilekh Tiwari, Advocates
  • For Respondent (Personal Guarantor): Ms. Neeha Nagpal, Advocate along with Mr. Nikunj Mahajan, Advocate
  • For Resolution Professional (RP): Mr. Shivam Gautam, Advocate

Tribunal Bench:

  • Justice Anupinder Singh Grewal, Hon'ble President
  • Shri Ravindra Chaturvedi, Hon'ble Member (Technical)

Hearing Details

Hearing Mode: Hybrid Hearing (Physical & Video Conference)

Proceedings & Final Ruling

Arguments were heard in the matter. The order has been reserved by the tribunal bench. The final decision is pending and will be delivered at a later date.

The case involves an insolvency petition filed by YES Bank Limited against Mr. Manish Madan in his capacity as a personal guarantor under the provisions of the Insolvency and Bankruptcy Code, 2016.