# Yes Bank seeks Supreme Court review of AT-1 bond write-off

> Yes Bank files Supreme Court petition to reverse $893.81m AT-1 bond write-off order.
- Title: Yes Bank seeks Supreme Court review of AT-1 bond write-off
- Summary: Yes Bank files Supreme Court petition to reverse $893.81m AT-1 bond write-off order.
- Keywords: yes bank, at-1 bonds, supreme court, banking, bond write-off, restructuring scheme, The Economic Times
- Source: The Economic Times — https://economictimes.indiatimes.com/industry/banking/finance/banking/yes-bank-files-supreme-court-petition-seeking-review-of-at-1-bond-order/articleshow/135810272.cms
- Author: Reuters
- Published: 2026-11-13T16:37:00+00:00
- Read time: 1 min
- Topics: yes bank, at-1 bonds, supreme court, banking, bond write-off, restructuring scheme
## Yes Bank files Supreme Court petition
Yes Bank has filed a petition in the country's apex court seeking a review of the court judgment that set aside the write-off of 84.15 billion rupees ($893.81 million) of its additional tier-1 bonds.
## Bondholders file contempt petition
Axis Trustee Services, acting on behalf of bondholders, filed a contempt petition in the Supreme Court alleging Yes Bank's failure to provide a 'concrete roadmap' for restoring bonds.
## Supreme Court upholds Bombay High Court ruling
The Supreme Court upheld a Bombay High Court ruling that set aside the write-off of Yes Bank's AT-1 bonds last month.
## AT-1 bonds written off after restructuring
Yes Bank's AT-1 bonds were written off following a restructuring scheme that brought in new investors.
## Key takeaway

Yes Bank has petitioned the Supreme Court to review a court order that canceled the write-off of 84.15 billion rupees ($893.81 million) of its AT-1 bonds.