Proxy Shareholder Advisory Services Remain Divided over Dish TV Voting swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
As part of an ongoing legal tussle between Dish TV and its largest shareholder Yes Bank, the court had directed that the AGM result will be subject to the outcome of the next hearing in the case on February 3.
Mumbai: The division bench of the Bombay high court has kept the Zee Entertainment Enterprises Ltd (Zeel) and Invesco case for further hearing on 6 December. Invesco has challenged the injunction order by the court that restrained the majority shareholder from calling an extraordinary general meeting (EGM) of shareholders. The court had granted the injunction on 29 October.
At the Zeel-Invesco hearing held on Monday, the division bench of the Bombay high court decided to continue the hearing on 30 November. On 29 October, the court had granted a temporary injunction against the requisition notice by Invesco.