Dish TV s promoter had sought to restrain the lender from exercising its voting rights, interfering in or seeking to participate in the management and affairs of the company, or claiming rights to the shares. "In the present case, the use of the pledged goods will include the exercise of voting rights since the pledged goods are shares," observed Justice RI Chagla while disposing of an application filed by Dish TV promoters.
Essel group entity, Dish TV India Ltd (Dish TV), says its shareholders have rejected the appointment of four independent directors on the company board
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The resolution for the reappointment of Dish TV CEO Anil Kumar Dua as a WholeTime Director of the company also failed to get consent though it received 73.89% of the total votes polled in its favour