The National Company Law Appellate Tribunal (NCLAT) has issued a notice to Zee Entertainment Enterprises Ltd (ZEEL) following a petition from IDBI Bank. The bank has challenged an NCLT order rejecting a plea to initiate insolvency proceedings against ZEEL. The NCLAT has given ZEEL two weeks to file a reply, and IDBI Bank two weeks to file a rejoinder. The matter will be listed for the next hearing on October 11.
Related Keywords
Mumbai , Maharashtra , India , Justice Ashok Bhushan , Barun Mitra , Siti Networks , Siti Bank , National Company Law Tribunal , Zee Entertainment Enterprises Ltd , Debt Service Reserve Account , National Company Law Appellate Tribunal , Chairperson Justice Ashok Bhushan , Member Barun Mitra , Zee Entertainment , Bankruptcy Code , Idbi Bank , Nclt , Nclat , Insolvency Proceedings ,
comparemela.com © 2020. All Rights Reserved.