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Yes Bank Limited vs Axis Trustee Services Limited on 19 February, 2025

Author: Abhay S. Oka

Bench: Abhay S. Oka

     ITEM NO.17                   COURT NO.4                  SECTION IX

                         S U P R E M E C O U R T O F      I N D I A
                                 RECORD OF PROCEEDINGS

     Petition(s) for Special Leave to Appeal (C)         No(s).   3713/2023

     [Arising out of impugned final judgment and order dated 20-01-2023
     in WP No. 785/2021 passed by the High Court of Judicature at
     Bombay]

     YES BANK LIMITED & ANR.                                   Petitioner(s)

                                          VERSUS

     AXIS TRUSTEE SERVICES LIMITED & ORS.                      Respondent(s)

     (IA No. 149232/2023 - INTERVENTION APPLICATION
     IA No. 66815/2024 - INTERVENTION APPLICATION
     IA No. 109958/2023 - INTERVENTION/IMPLEADMENT
     IA No. 67300/2023 - INTERVENTION/IMPLEADMENT
     IA No. 20726/2025 - INTERVENTION/IMPLEADMENT
     IA No. 270019/2024 - INTERVENTION/IMPLEADMENT
     IA No. 63110/2023 - PERMISSION TO FILE ADDITIONAL
     DOCUMENTS/FACTS/ANNEXURES
     IA No. 42435/2023 - PERMISSION TO FILE ADDITIONAL
     DOCUMENTS/FACTS/ANNEXURES
     IA No. 42432/2023 - PERMISSION TO FILE ADDITIONAL
     DOCUMENTS/FACTS/ANNEXURES)

     WITH SLP(C) No. 4244-4253/2023
     (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)

     SLP(C) No. 3856-3865/2023
     (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) SLP(C) No. 15847-15856/2023 (IA No. 140788/2023 - EXEMPTION FROM FILING C/C OF THE IMPUGNED JUDGMENT) Signature Not Verified Date : 19-02-2025 These matters were called on for hearing today.

Digitally signed by ANITA MALHOTRA Date: 2025.02.21 19:28:55 IST Reason: 1

CORAM :

HON'BLE MR. JUSTICE ABHAY S. OKA HON'BLE MR. JUSTICE UJJAL BHUYAN For Petitioner(s) :

Mr. Shyam Divan, Sr. Adv. Mr. Balbir Singh, Sr. Adv. Mr. S. S. Shroff, AOR Ms. Pallavi S. Shroff, Adv. Ms. Shally Bhasin, Adv. Ms. Veena Sivaramakrishnan, Adv. Mr. Siddhant Kant, Adv. Mr. Prateek Gupta, Adv. Mr. Mrityunjoy Roy, Adv.

Mr. Raghav Shankar,ASG Mr. vivek Shetty,Adv. Mr. Nishant Upadhyay,Adv. Mr. Akilesh Menezes,Adv. Ms. Pallavi Mishra,Adv. Mr. Neelaabh Bist,Adv. Ms. Alankrita Sinha,Adv. Mr. Navneet R., AOR For Respondent(s) :

Mr. Shyam Divan, Sr. Adv. Mr. Balbir Singh, Sr. Adv. Mr. S. S. Shroff, AOR Ms. Pallavi S. Shroff, Adv. Ms. Shally Bhasin, Adv. Ms. Veena Sivaramakrishnan, Adv. Mr. Siddhant Kant, Adv. Mr. Prateek Gupta, Adv. Mr. Mrityunjoy Roy, Adv.

Mr. Ritin Rai, Sr. Adv. Mr. B.Gopala Krishnan,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. Kaushik Choudhury, AOR Mr. Deepanshu Jain, Adv. Mr. Shaantanu Jain, Adv. Mr. Saksham Garg, Adv. Mr. Jyotirmoy Chatterjee, Adv.

Mr. Hitendra Nath Rath, AOR 2 Mr. Srijan Sinha, AOR Mr. Naveen Soni, Adv. Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv.

Mr. Aditya Sondhi, Sr. Adv. Mr. Yadunath Bhargwan, Adv. Mr. Mahesh Agarwal, Adv. Mr. Rishi Agrawala, Adv. Mr. Ankur Saigal, Adv. Mr. Mihir Kamdar, Adv. Ms. Sukriti Bhatnagar, Adv. Mr. Chirag Nayak, Adv. Mr. E. C. Agrawala, AOR Mr. Aman Raj Gandhi, AOR Mr. Mukul Rohatgi, Sr. Adv. Mr. Neeraj Kishan Kaul, Sr. Adv. Mr. Vikram B. Trivedi, Adv. Mr. Sunil Tilokchandani, Adv. Mr. Sachin Chandarana, Adv. Mr. Nagarkatti Kartik Uday, AOR Ms. Misha Rohatgi, Adv. Mr. Himalaya Chaudhari, Adv. Mr. Sanidhya Kumar, Adv. Mr. Raghav Agrawal, Adv.

Mr. Paras Parekh, Adv. Mr. Abhineet Sharma, Adv. Ms. Vanya Gupta, AOR Ms. Riya Gokalgandhi, Adv. Mr. Shivendra Singh, Adv.

Mrs. Aishwarya Bhati, A.S.G. Mr. K M Natraj, A.S.G. Mrs. Archana Pathak Dave, Sr. Adv. Mr. Shailesh Mandiyal, Sr. Adv. Mr. Raj Bahadur Yadav, AOR Mr. Shashank Bajpai, Adv.

Mr. Raghav Shankar, A.S.G. Mr. Vivek Shetty, Adv. Mr. Nishant Upadhyay, Adv. Mr. Akilesh Menezes, Adv. Mr. Navneet R., AOR Ms. Pallavi Mishra, Adv. Mr. Neelaabh Bist, Adv. Ms. Alankrita Sinha, Adv.

Mr. Siddhesh Shirish Kotwal, AOR 3 Ms. Ana Upadhyay, Adv. Ms. Manya Hasija, Adv. Mr. Tejasvi Gupta, Adv. Mr. T.Illayarasu, Adv. Mr. Yatharth Gupta, Adv.

Mr. Abhishek Singh, Adv. For M/S. K Ashar & Co., AOR Mr. Nirnimesh Dube, AOR Mr. Hetal Thakore, Adv. Mr. Kunal Parekh, Adv. For M/S. Dua Associates, AOR Respondent-in-person Ms. Sonali Jaitley Bakhshi, Adv. Mr. Jaiyesh Bakhshi, Adv. Mr. Ravi Tyagi, AOR Mr. Gaurav Mishra, Adv. Mr. Daman Popli, Adv. Mr. Anubhav Yadav, Adv. Mr. Sahil Dhawan, Adv. Mr. Sushant Dua, Adv.

Mr. P. V. Yogeswaran, AOR Mr. Sanchit Garga, AOR Ms. Mithu Jain, Adv.

Mr. Shashwat Jaiswal, Adv.

Mr. Abhindra Maheshwari, Adv. Mr. Ishit Saharia, AOR Mr. Rohit Taneja, Adv. Mr. Md Anas Chaudhary, Adv. Mr. Anubhav Lamba, Adv. Mr. Rovin Singh Solanki, Adv. Mr. Pulkit Agarwal, AOR Mr. Supratik Sarkar, Adv. Mr. Debangshu Dinda, Adv. Mr. Saurav Gupta, AOR Mr. Srijan Sinha, AOR Mr. Naveen Soni, Adv. Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv.

4

 Mr. Himanshu Chaubey, AOR Mr. Siddharth Garg, Adv. Ms. Lihzu Shiney Konyak, Adv. Mr. Srajan Yadav, Adv.

Mr. Anant Vijay Palli, Sr. Adv. Mr. Rahul Narang, Adv. Mr. Karthik Aruva, Adv. Mr. Somesh Chandra Jha, AOR Mr. Nakul Mohta,Adv. Mr. Mayank Pandey, AOR Mr. Rohit K.Debnath,Adv.

Mr. Rakesh Dwivedi,Sr.Adv. Mr. Sanjay Kapur, AOR Mr. Devesh Dubey,Adv. Mr. Arjun Mishra,Adv. Ms. Mahima Kapur,Adv.

UPON hearing the counsel the Court made the following O R D E R Leave granted.

To be listed for hearing on 24th July, 2025.

Issue fresh notice to the unserved respondents returnable after six weeks.

(ANITA MALHOTRA) (AVGV RAMU) AR-CUM-PS COURT MASTER 5