The fight over satellite TV broadcaster Dish TV has entered its last lap. YES Bank has managed to throw out Dish TV promoter Jawahar Goel, a loan defaulter, as chairman of the company but Goel retains the position of director on the board due to the articles of association which allow a permanent seat to Goel. The Goel family have defaulted on Yes Bank loans worth Rs 5,000 crore and the bank aims to get its money back by selling its stake to the highest bidder. But potential buyers like Bharti Airtel have asked Yes Bank to first clear all litigation before they look at the company.

The matter is now set to go to the Supreme Court which will decide the fate of Yes Bank and Dish TV. The good news for the Goel family is that the BJP government is supporting them, unlike other loan defaulters whose companies were sent to insolvency courts for debt restructuring.