Zee-Invesco fight to replay at Dish TV

Dish TV India Ltd’s largest shareholder Yes Bank plans to approach a company court if the satellite TV provider’s board fails to convene a special meeting of shareholders by October 13, three people familiar with the development said.

Yes Bank wants shareholders to vote on its proposals to sack Dish TV managing director Jawahar Goel, the younger brother of Essel Group founder Subhash Chandra, four other directors and induct two Yes Bank executives as nominee directors and five independent directors.

If the matter reaches the National Company Law Tribunal (NCLT), it will mark the rerun of the Zee Entertainment Enterprises-Invesco spat in which Chandra is locked in a legal battle with Zee’s largest shareholder, Invesco.