The Bombay High Court on Monday rejected World Crest Advisors LLP’s application that sought the court’s intervention to restrain YES Bank and JC Flowers Asset Reconstruction from exercising any rights with respect to their pledged shares. World Crest Advisors LLP is a promoter group entity of direct-to-home (DTH) company Dish TV India. Jawahar Goel, the …
DTH operator Dish TV India’s board has dismissed the request of minority shareholders for holding an Extraordinary General Meeting (EGM) for the second time. Similar to the first request, the second one has been rejected due to numerical and procedural deficiencies. The company made this decision based on advice from independent experts. “Upon review, Dish …
Dish TV India, the leading direct-to-home service provider, has recently received a second requisition notice from its minority shareholders. The notice calls for an extraordinary general meeting (EGM) to appoint three independent directors and remove two existing directors. The Dish TV Minority Shareholders Association sent the second notice on June 28, reiterating their demands. According …
A group of minority shareholders of Dish TV India, a direct-to-home (DTH) company, has lodged a complaint with the ministry of corporate affairs (MCA) regarding the delay in convening an extraordinary general meeting (EGM) by the company’s board. The Dish TV Minority Investors Association, representing 77 domestic and foreign institutional investors who collectively own 10.15% …