Bombay HC adjourns YES Bank matter to August 12

YES Bank had filed affidavit after last hearing on 22 July in high court on 23 July, in reply to Madhu Kapur's amended petition

Krishna Pophale Mumbai
Last Updated : Jul 29 2013 | 9:03 PM IST
The Bombay High Court today adjourned the hearing in YES Bank – Madhu Kapur case to 12 August.  Earlier the matter was scheduled to be heard today.

YES Bank had filed an affidavit after the last hearing on 22 July in the high court on 23 July, in reply to the Madhu Kapur’s amended petition. 

The YES Bank affidavit cited the section 10A (6) of the Banking Regulations Act which says  appointment, removal or reconstitution duly made  under this section shall be final and shall not be called into question in any court, thereby saying the petition by Madhu Kapur is not maintainable.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 29 2013 | 9:01 PM IST

Next Story