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Emergency Arbitrator Denies Sony s Application Against Zee

Emergency Arbitrator Denies Sony s Application Against Zee
menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.

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Zee Sony merger news: SIAC denies emergency interim relief to Sony Group cos against Zee

The Singapore International Arbitration Centre (SIAC) denies emergency interim relief to Sony Group companies against Zee Entertainment Enterprises. SIAC s emergency arbitrator states that the National Company Law Tribunal (NCLT) is the appropriate forum. Legal experts confirm that arbitration proceedings regarding Zee s obligation to pay $90 million in termination fees to Sony will continue.

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Sony s Application For Emergency Interim Relief Against Zee Entertainment Denied By SIAC

The Singapore International Arbitration Centre has denied the application for emergency interim relief by Sony also known as Culver Max Entertainment Ltd. against Zee Entertainment Enterprises Ltd.

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Sony s plea seeking to restrain Zee over merger denied

Sony s plea seeking to restrain Zee over merger denied
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Singapore arbitration panel denies emergency relief to Sony against Zee s plea before NCLT

SIAC has determined that its emergency arbitrator has no jurisdiction or authority to injunct Zee from approaching the NCLT to implement the merger scheme, the company said in an exchange filing

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