Thread by @lawbarandbench

World Crest, a DishTV promoter, likely to seek review of #BombayHighCourt order which recorded their statement that the results of DishTV AGM will be subject to the proceedings in High Court.

@DishTV_India @YESBANK

They stated before Justice AK Menon in a hearing today that they recently discovered a complaint by Yes Bank to the EOW seeking declaration of AGM results, which was a suppression of fact.

#BombayHighCourt

Justice Menon was hearing the application filed by Yes Bank seeking compliance of the single judge order and declaration of AGM results. This was adjourned to next week.

#BombayHighCourt

Meanwhile the Court was also told that SEBI had written to DishTV seeking declaration of results, however DishTV objected to the same on the ground that the proceedings before high court were sub-judice.

#BombayHighCourt

The Court orally observed that the Court could not proceed hearing on the proceedings without declaration of results and that the pending proceedings had no bearing on the SEBI communication.

#BombayHighCourt