Supreme Court - Daily Orders
Yes Bank Limited vs Axis Trustee Services Limited on 5 February, 2026
Author: Dipankar Datta
Bench: Dipankar Datta
1
ITEM NO.1 COURT NO.8 SECTION III
S U P R E M E C O U R T O F I N D I A
RECORD OF PROCEEDINGS
Civil Appeal No.3182/2025
YES BANK LIMITED & ANR. Appellants
VERSUS
AXIS TRUSTEE SERVICES LIMITED & ORS. Respondents
[PART HEARD BY :- HON'BLE DIPANKAR DATTA AND HON'BLE AUGUSTINE
GEORGE MASIH, JJ. ]
IA No. 66815/2024 - INTERVENTION APPLICATION
IA No. 149232/2023 - INTERVENTION APPLICATION
IA No. 47020/2025 - INTERVENTION APPLICATION
IA No. 20726/2025 - INTERVENTION/IMPLEADMENT
IA No. 270019/2024 - INTERVENTION/IMPLEADMENT
IA No. 109958/2023 - INTERVENTION/IMPLEADMENT
IA No. 67300/2023 - INTERVENTION/IMPLEADMENT
IA No. 99776/2025 - MODIFICATION OF COURT ORDER
IA No. 42432/2023 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/
ANNEXURES
IA No. 63110/2023 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/
ANNEXURES
IA No. 42435/2023 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/
ANNEXURES
WITH
C.A. No. 3193-3202/2025 (III)
IA No. 248117/2023 - INTERVENTION/IMPLEADMENT
IA No. 81056/2023 - INTERVENTION/IMPLEADMENT
IA No. 52684/2023 - PERMISSION TO APPEAR AND ARGUE IN PERSON
IA No. 45645/2023 - PERMISSION TO FILE ADDITIONAL
DOCUMENTS/FACTS/ANNEXURES
C.A. No. 3183-3192/2025 (III)
IA No. 63894/2023 - APPLICATION FOR PERMISSION
IA No. 38489/2023 - EXEMPTION FROM FILING C/C OF THE IMPUGNED
JUDGMENT
IA No. 52672/2023 - PERMISSION TO APPEAR AND ARGUE IN PERSON IA No. 47514/2023 - PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ ANNEXURES C.A. No. 3203-3212/2025 (III) Signature Not Verified IA No. 140788/2023 - EXEMPTION FROM FILING C/C OF THE IMPUGNED Digitally signed by rashmi dhyani pant Date: 2026.02.10 JUDGMENT 17:29:22 IST Reason:
1 2Date : 05-02-2026 These matters were called on for hearing today.
CORAM : HON'BLE MR. JUSTICE DIPANKAR DATTA HON'BLE MR. JUSTICE AUGUSTINE GEORGE MASIH For Appellant(s) : Mr. S. S. Shroff, AOR Mr. Shyam Divan, Sr. Adv. Mr. Balbir Singh, Sr. Adv. Ms. Shally Bhasin, Adv. Ms. Veena Sivaramakrishnan, Adv. Mr. Siddhant Kant, Adv. Mr. Prateek Gupta, Adv. Mr. Mrityunjoy Roy, Adv. Mr. Arpith Jacob Varaprasad, Adv.
Mr. Gurmeet Singh Makker, AOR Mr. Tushar Mehta, Solicitor General Mr. Raghav Shankar, A.S.G. Mr. Vivek Shetty, Adv. Mr. Nishant Upadhyay, Adv. Mr. Dhaval Vora, Adv.
Mr. Akilesh Menezes, Adv. Mr. Bhuvan Kapoor, Adv. Mr. Aman Mehta, Adv.
Mr. Aaditya Dixit, Adv. Mr. Neelaabh Bist, Adv. Ms. Pallavi Mishra, Adv. Ms. Alankrita Sinha, Adv. Mr. Navneet R., AOR For Respondent(s) :Mr. Nikhil Sakhardande, Sr. Adv.
Mr. Paras Parekh, Adv. Ms. Vanshita Shah, Adv. Ms. Vanya Gupta, AOR Ms. Ankita Roy, Adv.
Mr. S. S. Shroff, AOR Mr. Shyam Divan, Sr. Adv. Mr. Balbir Singh, Sr. Adv. Ms. Shally Bhasin, Adv. Ms. Veena Sivaramakrishnan, Adv. Mr. Siddhant Kant, Adv. Mr. Prateek Gupta, Adv. Mr. Mrityunjoy Roy, Adv. Mr. Arpith Jacob Varaprasad, Adv.
Mr. Ritin Rai, Sr. Adv. Mr. P. S. Sudheer, AOR Mr. Rishi Maheshwari, Adv.2 3
Ms. Anne Mathew, Adv.
Mr. Bharat Sood, Adv.
Mr. Jai Govind M J, Adv. Mr. Jashan Vir Singh, Adv. Mr. B. Gopalakrishnan, Adv. Mr. Mridul Godha, Adv. Mr. Daksh Kadian, Adv. Mr. Dhawal Desai, Adv.
Mr. Kaushik Choudhury, AOR Mr. Deepanshu Jain, Adv. Mr. Shaantanu Jain, Adv. Mr. Jyotirmoy Chatterjee, Adv. Ms. Jahanvi Khanna, Adv. Ms. Aaheli Roy, Adv.
Mr. Hitendra Nath Rath, AOR Mr. Abhinav Mukerji, Sr. Adv. Mr. Srijan Sinha, AOR Mr. Siddharth Garg, Adv. Ms. Archita Nigam, Adv. Ms. Khushboo Hora, Adv. Ms. Trisha Garimala, Adv.
Dr. A.M. Singhvi, Sr. Adv. Mr. Mahesh Agarwal, Adv. Mr. Rishi Agrawala, Adv. Mr. Kamaldeep Dayal, Adv. Mr. Ankur Saigal, Adv. Ms. Sukriti Bhatnagar, Adv. Ms. Shivani Agarwal, Adv. Mr. Mihir Kamdar, Adv. Mr. E. C. Agrawala, AOR Mr. Aman Raj Gandhi, AOR Mr. Neeraj Kishan Kaul, Sr. Adv. Mr. C.a. Sundaram, Sr. Adv. Mr. Vikram B. Trivedi, Adv. Mr. Sunil Tilokchandani, Adv. Mr. Nagarkatti Kartik Uday, AOR Mr. Himalaya Chaudhari, Adv. Ms. Rohini Musa, Adv.
Mr. Raghav Agarwal, Adv. Mr. Varun Tyagi, Adv.
Mr. Abhishek Gupta, Adv. Mr. Zafar Inayat, Adv.
Mr. Tushar Mehta, Solicitor General 3 4 Ms. Aishwarya Bhati, A.S.G. Ms. Archana Pathak Dave, A.S.G. Mr. K M Nataraj, A.S.G. Mr. Gurmeet Singh Makker, AOR Mr. Shailesh Madiyal, Adv. Mr. Shashank Bajpai, Adv.
Mr. Tushar Mehta, Solicitor General Mr. Raghav Shankar, A.S.G. Mr. Vivek Shetty, Adv. Mr. Nishant Upadhyay, Adv. Mr. Navneet R., AOR Mr. Akilesh Menezes, Adv. Mr. Dhaval Vora, Adv.
Ms. Pallavi Mishra, Adv. Mr. Neelaabh Bist, Adv. Ms. Alankrita Sinha, Adv. Mr. Bhuvan Kapoor, Adv. Mr. Aman Mehta, Adv.
Mr. Aaditya Dixit, Adv.
Mr. Pratap Venugopal, Sr. Adv. Mr. Abhishek Singh, Adv. M/S. K Ashar & Co., AOR Mr. Abhishek Yadav, AOR Mr. Saurabh Yadav, Adv.
Mr. Hetal Thakore, Adv. Ms. Jyoti Ghag, Adv.
Mr. Kunal Parekh, Adv. M/S. Dua Associates, AOR Respondent-in-person Ms. Sonali Jaitley Bakhshi, Adv. Mr. Jaiyesh Bakhshi, Adv. Mr. Ravi Tyagi, AOR Mr. Mayank Mishra, Adv. Mr. Gaurav Mishra, Adv. Ms. Sidiksha Saini, Adv. Mr. Sahil Dhawan, Adv. Mr. Abhijay Basu, Adv.
Mr. Jaiyesh Bakhshi, Adv. Mr. Ravi Tyagi, Adv.
Mr. Gaurav Mishra, Adv. Mr. Daman Popli, Adv.
Ms. Ria Chanda, Adv.4 5
Ms. Neetu Devrani, Adv. Mr. Anubhav Yadav, Adv. Mr. P. V. Yogeswaran, AOR Mrs. Rekha Palli, Sr. Adv. Mr. Rahul Narang, Adv. Mr. Karthik Aruva, Adv. Mr. Somesh Chandra Jha, AOR Mr. Shreay Saini, Adv. Ms. Punam Singh, Adv.
Ms. Bhavya Sharma, Adv. Mr. Vaiduahya Parth, Adv.
Mr. Mayank Pandey, AOR Ms. Rohini Prasad, AOR Mr. Rajiv Jain, Adv.
Ms. Ashika Ranjan, Adv. Ms. Shruti Sakshi, Adv. Mr. Zaid Hashmat, Adv. Ms. Samridhi Srivastava, Adv.
Mr. Tushar Mehta, Solicitor General Mr. Sanjay Kapur, AOR Mr. Surya Prakash, Adv. Ms. Shubhra Kapur, Adv. Ms. Santha Smruthi, Adv. Ms. Mansi Kapur, Adv.
Mr. Sanchit Garga, AOR Mr. Ishit Saharia, AOR Mr. Abhindra Maheshwari, Adv.
Mr. Pulkit Agarwal, AOR Mr. Rohit Taneja, Adv.
Mr. Supratik Sarkar, Adv. Mr. Saurav Gupta, AOR Mr. Abhinav Mukerji, Sr. Adv. Mr. Srijan Sinha, AOR Mr. Siddharth Garg, Adv. Ms. Archita Nigam, Adv. Ms. Khushboo Hora, Adv. Ms. Trisha Garimala, Adv.
Mr. Himanshu Chaubey, AOR Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv.5 6
UPON hearing the counsel the Court made the following O R D E R
1. Submissions of the respondents have been concluded.
2. Mr. Divan, learned senior counsel for the appellant-Yes Bank is in the midst of his arguments in rejoinder.
3. Re-list the civil appeals on 26 th February, 2026, after fresh matters, upon obtaining orders from the Hon’ble the Chief Justice of India.
(RASHMI DHYANI PANT) (SUDHIR KUMAR SHARMA) ASST. REGISTRAR-CUM-PS COURT MASTER (NSH) 6