{"id":16688,"date":"2014-04-29T03:12:24","date_gmt":"2014-04-29T01:12:24","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=16688"},"modified":"2014-04-29T03:12:24","modified_gmt":"2014-04-29T01:12:24","slug":"widow-of-yes-banks-co-founder-cut-off","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/widow-of-yes-banks-co-founder-cut-off\/","title":{"rendered":"Widow of YES Bank’s Co-Founder Cut Off"},"content":{"rendered":"

The banks argues that banking is not a family business and financial family sucessors do not automatically become part of the bank’s ‘promoter’ group. \u00a0Madhu Kapur wanted to be able to appoint directors. \u00a0It is difficult to tell whether or not the fact that she is a woman plays into the interpretation of ‘regulations.’<\/p>\n

Madhu is the legal heir of Ashok Kapur and according to the bank\u2019s articles of association, inherits the rights of a co-promoter. She should be allowed to nominate directors on YES Bank\u2019s board. Unfortunately, the bank is not willing to recognise her rights and settle the dispute. So, she will wait for the court\u2019s verdict.<\/p>\n

\"Yes<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The banks argues that banking is not a family business and financial family sucessors do not automatically become part of the bank’s ‘promoter’ group. \u00a0Madhu Kapur wanted to be able to appoint directors. \u00a0It is difficult to tell whether or … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-16688","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t