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NCLT directs Zee to file reply on Sony s application in two weeks

The NCLT has directed Zee Entertainment Enterprises to reply to applications filed by Sony Group companies within two weeks. Sony Group units Culver Max Entertainment and Bangla Entertainment have challenged Zee Entertainment s plea seeking implementation of the merger scheme. Sony terminated the proposed merger deal and sought $90 million in termination fees from Zee.

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Seven-judge Constitution Bench of Supreme Court reserves verdict on validity of unstamped arbitration agreements

The seven-judge Bench orally expressed its reservations with the decision of the five-judge Bench in NN Global, saying that there were exhaustive limits on judicial intervention in such matters.

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NDTV insider trading case: SAT quashes SEBI ruling against former NDTV promoters Prannoy Roy and Radhika Roy

The SAT has concluded that the information said to have been possessed by the Roys when the traded in the NDTV shares was not price sensitive, contrary to the SEBI findings on this aspect.

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Bombay High Court Allows Akasa Air To Proceed In Mumbai Against Pilots Who Left Without Serving Notice Period

The Bombay High Court on Wednesday allowed a leave petition filed by Akasa Air, a low-cost airline, seeking permission to proceed against five pilots who resigned from the company without serving.

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Bombay High Court Reserves Judgment in Akasa Air s Lawsuit Against Resigning Pilots

Bombay High Court Reserves Judgment in Akasa Air s Lawsuit Against Resigning Pilots
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