Supreme Court - Daily Orders
Yes Bank Limited vs Axis Trustee Services Limited on 15 January, 2026
Author: Dipankar Datta
Bench: Dipankar Datta
1
ITEM NO.101 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(s). 3182/2025
YES BANK LIMITED & ANR. Appellant(s)
VERSUS
AXIS TRUSTEE SERVICES LIMITED & ORS. Respondent(s)
[ PART HEARD BY :- HON'BLE DIPANKAR DATTA AND HON'BLE AUGUSTINE
GEORGE MASIH, JJ. ] [ TOP OF THE BOARD ]
IA No. 47020/2025 - INTERVENTION APPLICATION
IA No. 66815/2024 - INTERVENTION APPLICATION
IA No. 149232/2023 - 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. 42435/2023 - PERMISSION TO FILE ADDITIONAL
DOCUMENTS/FACTS/ANNEXURES
IA No. 42432/2023 - PERMISSION TO FILE ADDITIONAL
DOCUMENTS/FACTS/ANNEXURES
IA No. 63110/2023 - PERMISSION TO FILE ADDITIONAL
DOCUMENTS/FACTS/ANNEXURES
WITH
C.A. No. 3193-3202/2025 (III)
FOR
FOR PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES ON IA
45645/2023
FOR PERMISSION TO APPEAR AND ARGUE IN PERSON ON IA 52684/2023
FOR impleading party ON IA 81056/2023
FOR INTERVENTION/IMPLEADMENT ON IA 81056/2023
FOR impleading party ON IA 248117/2023
FOR INTERVENTION/IMPLEADMENT ON IA 248117/2023
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
Signature Not Verified
FOR EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT ON IA
Digitally signed by
HARPREET KAUR
Date: 2026.01.16
38489/2023
18:36:01 IST
Reason:
FOR PERMISSION TO FILE ADDITIONAL DOCUMENTS/FACTS/ANNEXURES ON IA
47514/2023
FOR PERMISSION TO APPEAR AND ARGUE IN PERSON ON IA 52672/2023
FOR APPLICATION FOR PERMISSION ON IA 63894/2023
2
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) FOR FOR EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT ON IA 140788/2023 IA No. 140788/2023 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT Date : 15-01-2026 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. Gurmeet Singh Makker, AOR 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. Tushar Mehta, Solicitor General Mr. Raghav Shankar, A.S.G. Mr. Vivek Shetty, Adv. Mr. Nishant Upadhyay, Adv. Mr. Dhaval Vora, 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. 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.3
Mr. Himalaya Chaudhari, Adv. Mr. Himalaya Chaudhary, Adv. Mr. Nagarkatti Kartik Uday, AOR Ms. Sakshi, Adv.
Mr. Raghav Agarwal, Adv. Ms. Rohini Musa, Adv.
Mr. Abhishek Gupta, Adv. Mr. Zafar Inayat, Adv.
Mr. Paras Parekh, Adv. Ms. Vanya Gupta, AOR Ms. Vanshita Shah, Adv. 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. Ms. Anne Mathew, Adv.
Mr. Bharat Sood, Adv.
Mr. Jai Govind M J, Adv. Mr. Jashan Vir Singh, Adv. Mr. B. Gopalakrishnan, Adv.
Mr. Kaushik Choudhury, AOR Mr. Deepanshu Jain, Adv. Mr. Shaantanu Jain, Adv. Mr. Saksham Garg, Adv. Mr. Jyotirmoy Chatterjee, Adv. Ms. Jahanvi Khanna, Adv. Mr. Sumant Datt, Adv.
Mr. Hitendra Nath Rath, AOR Mr. Srijan Sinha, AOR Mr. Siddharth Garg, Adv. Mr. Himanshu Chaubey, Adv. Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv.4
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. E. C. Agrawala, AOR Mr. Tushar Mehta, Solicitor General 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. 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. Navneet R., AOR M/S. K Ashar & Co., AOR Mr. Pratap Venugopal, Sr. Adv. Mr. Abhishek Singh, Adv.
Mr. Abhishek Yadav, AOR Mr. Saurabh Yadav, Adv.
M/S. Dua Associates, AOR Mr. Hetal Thakore, Adv. Ms. Jyoti Ghag, Adv.
Mr. Kunal Parekh, Adv.
Respondent-in-person 5 Ms. Sonali Jaitley Bakhshi, Adv. Mr. Jaiyesh Bakhshi, Adv. Mr. Ravi Tyagi, AOR Mr. Mayank Mishra, Adv. Mr. Gaurav Mishra, Adv. Mr. Daman Popli, Adv.
Ms. Sudiksha Saini, Adv. Mr. Sahil Dhawan, Adv. Mr. Abhijay Basu, Adv.
Mr. P. V. Yogeswaran, AOR Mr. Srijan Sinha, AOR Mr. Siddharth Garg, Adv. Mr. Himanshu Chaubey, Adv. Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv. Ms. Trisha Garimala, Adv.
Mr. Himanshu Chaubey, 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. Samriddhi Srivastava, Adv. Mr. Md. Zaid Hashmat, Adv.
Mr. Tushar Mehta, Solicitor General Mr. Sanjay Kapur, AOR Mr. Surya Prakash, Adv. Mr. Abhishek Tiwari, Adv. Ms. Shubhra Kapur, Adv. Mr. Anuraj Mishra, Adv.
Mr. Sanchit Garga, AOR Mr. Abhindra Maheshwari, Adv. Mr. Ishit Saharia, AOR 6 Mr. Pulkit Agarwal, AOR Mr. Rohit Taneja, Adv.
Mr. Supratik Sarkar, Adv. Mr. Saurav Gupta, AOR UPON hearing the counsel the Court made the following O R D E R
1. Mr. C.A. Sundaram, learned senior counsel has concluded his arguments.
2. Mr. Neeraj Kishan Kaul, learned senior counsel is in the midst of his arguments. Since it is time to rise for the day, Mr. Kaul submits that he will conclude his arguments in another fifteen minutes.
3. Dr. Singhvi, learned senior counsel and other parties desirous of addressing us may do so after Mr. Kaul concludes.
4. Re-list the civil appeals on 05th February, 2026, upon obtaining orders from the Hon’ble the Chief Justice of India.
(HARPREET KAUR) (SUDHIR KUMAR SHARMA) COURT MASTER (SH) COURT MASTER (NSH)