Authority: Supreme Court of India

Order Date: 20-08-2026

Case Overview

  • Parties: Yes Bank Limited (petitioner) vs Union of India & others (respondents).
  • Multiple civil writ petitions (Nos. 1034/2026, 1035/2026, 1038/2026, 1050/2026) with associated interim applications for ex‑parte stays and permission to file additional documents.
  • Petitioners sought relief under Article 32 challenging the invocation of bank guarantees by the Union.
  • Senior counsel for petitioners appeared; the Court noted it is not inclined to entertain the petitions under Article 32 and directed the petitioner to approach the High Court, possibly contesting the precedent State Bank of India v. Union of India.
  • The Court expressly refrained from expressing any opinion on the legal issue.

Final Outcome

  • All writ petitions were dismissed as withdrawn.
  • Any pending applications, if any, were ordered disposed of.

Topics: Bank Guarantees, Supreme Court Order, Yes Bank