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Supreme Court to hear appeal in YES Bank case

The Supreme Court will hear an appeal by YES Bank against a decision of the Bombay High Court. YES Bank petitioned the highest court after the Bombay High Court dismissed its plea that the court did not have the jurisdiction to hear the case. The case is regarding a dispute between Madhu Kapur and YES Bank regarding the appointment of directors to YES Bank. The Supreme Court has said it would hear the issue in January next year. In the interim period, the Bombay High Court may continue to hear the petition of Kapur, the widow of YES Bank co-founder Ashok Kapur.

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