Why has Yes Bank filed a petition with the NCLT in the Dish TV case?
Answer
Answer
Yes Bank filed a petition with NCLT against the promoters of Dish TV. Yes Bank anticipates that Dish TV promoters, including Subhash Chandra and Jawahar Goel, may bring a lawsuit to limit Yes Bank from voting at the AGM. Dish TV AGM is scheduled for 30-Dec after 3 postponements in the past. Dish TV promoters ostensibly approached several large shareholders to sign a petition alleging that Yes bank was acting in malafide manner.