Tuesday, November 23, 2021

NCLT allows YES Bank time to file a reply in Dish TV matter, adjourns the case for December 22

The bank wants to dissolve the entire board and remove the promoter family, as it believes the board is functioning in cahoots with the minority shareholders (the promoters), who should not have representation on the board.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/nclt-allows-yes-bank-time-to-file-a-reply-in-dish-tv-matter-adjourns-the-case-for-december-22/articleshow/87869837.cms

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