YES BANK

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Yes Bank's Petition Against Zee Entertainment Quashed by Bombay High Court

Yes Bank's plea for preventing Zee Entertainment Enterprises Ltd (ZEEL) from selling its assets was rejected by the Bombay HC on August 19. The petition had requested to bar ZEEL MD Punit Goenka from leaving the country as well. The case pertains to a 'letter of comfort' issued by Punit Goenka to Yes Bank as a guarantee against loan of over $50 Million, which was taken by a Zee subsidiary. 

 

 

Wed, 19 Aug 2020 - 07:31 PM / by Bharat Sharma

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