YES Bank vs Rajesh Madan NCLT Hearing Adjourned

Case Details

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

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

Case Number: Item No. 118 (IB) - 837(PB)/2024

Interlocutory Application: IA-575/2025

Date of Order: 20.05.2026

Governing Law: Order passed under Section 95(1) of the Insolvency & Bankruptcy Code, 2016

Parties Involved

Petitioner: YES Bank Limited

Respondent: Mr. Rajesh Madan

Representation for Petitioner: Mr. Anand Shankar Jha, Advocate, along with Mr. Sachin Mintri and Mr. Abhilekh Tiwari, Advocates

Representation for Resolution Professional (RP): Mr. Shivam Gautam, Advocate

Bench: Justice Anupinder Singh Grewal (Hon'ble President) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical)

Final Ruling & Enforcement

The matter was listed for hearing. Partial arguments were heard by the tribunal. The bench did not pass a final order on the merits of the case and instead issued a procedural direction to adjourn the hearing.

The case has been listed next for 06.07.2026 for further arguments.

The order was signed by both members of the bench.