The Bombay high court on Wednesday said it would first decide whether it has the jurisdiction to hear the suit filed by Madhu Kapur, the widow of Yes Bank co-founder Ashok Kapur, challenging appointment of directors nominated by the current managing director Rana Kapoor. The lawyer of Rana Kapoor, co-founder of the bank (who is married to Madhu’s sister), has said that high court has no jurisdiction to hear matters about appointment of directors. Justice S.J. Kathawala said he would have to decide this issue first...........
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment