Yes Bank vs Madhu Kapur Supreme Court Denies Interim Relief To Yes Bank. SC Refuses To Stay Proceedings In Bombay HC Supreme Court To Hear Yes Banks Appeal In January 2015 Background Madhu Kapur had filed a suit against appointment of 3 whole time directors on the board of Yes Bank. In May, Bombay HC held that it has jurisdiction to hear Madhu Kapurs plea. Yes Bank challenged Bombay HC order saying U/S 10A (6) of Banking Regulation Act saying no court of law can hear appeal against appointment of directors.
Posted on: Tue, 15 Jul 2014 10:34:59 +0000
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