Business Standard

Friday, December 20, 2024 | 07:32 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Yes Bank-Dish TV battle set to move to SC; Goel camp to appeal HC order

Bank's proposal to appoint directors not placed before shareholders yet

Dish TV
Premium

Representative image

Dev ChatterjeeViveat Susan Pinto Mumbai
The legal tussle between YES Bank and the promoters of satellite TV broadcaster Dish TV India is set to move to the Supreme Court as the Subhash Goel family plans to appeal against the Bombay High Court order which resulted in the family losing the top management positions.

A new restructured board of Dish TV is necessary for YES Bank to sell its stake to a rival satellite TV broadcaster, say sources. “The bank wants to sell its 24.7 per cent stake in the company but the acquirer wants to buy the stake without any legacy legal issues,” said a legal

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in