The Supreme Court on Tuesday ordered a stay on the criminal proceedings against Yes Bank initiated by Essel group founder Subhash Chandra. The court has granted three weeks to file the counter affidavit.
Dish TV s AGM was scheduled for November 30. Private lender Yes Bank has been seeking a series of removals and appointments on the D2H operator s board.
The Mumbai bench of the National Company Law Tribunal (NCLT) has scheduled the next hearing of the Dish TV-Yes Bank matter on 22 December. It has also allowed Yes Bank two weeks’ time to file its reply in its case against Dish TV India.
Dish TV seeks further extension of time to convene AGM indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.
The company informed that it was seeking an extension citing a pending outcome on an application filed by stakeholder Yes Bank before the Mumbai bench of the National Company Law Tribunal.