YES Bank moves Allahabad High Court on dispute over Dish TV stake

YES Bank had sought to appoint its nominees in the Annual General Meeting of shareholders scheduled for September 27th which was postponed to November 30th

YES Bank, which has 24.19 per cent stake in Dish TV India, has moved the Allahabad High Court against Uttar Pradesh police’s order that restricted voting rights on Dish TV shares.

The bank’s action follows a Dish TV statement to the stock exchanges that said the company had, on November 6, received a notice issued by the Crime Branch, Gautam Budh Nagar (Noida), in respect of an investigation being conducted by the cops.

“The company has been informed that the Crime Branch has issued a notice under Section 102 of the Cr. P.C, 1973, to YES Bank, restricting YBL from