"While tenants do not have much bargaining power to negotiate rent agreements, there are some significant clauses they must check or add to the agreement to protect their interests," said Nitin Jain, Partner of Agama Law Associates. Here is a look at some of these clauses.
Monday s order, which now supersedes a restrictive ruling by the Securities and Exchange Board of India (Sebi) in August, ensures Goenka will continue to hold leadership positions in Zee and, in the future, as a key executive of the merged entity. The capital markets regulator could challenge the SAT ruling in the Supreme Court.
In the scenario where Sebi gives a go-ahead in favour of Goenka, without going to the Supreme Court, analysts expect the Zee and Sony merger to complete by November
The Securities Appellate Tribunal (SAT) on Monday overturned a regulatory ban on Punit Goenka, managing director and chief executive of Zee Entertainment Enterprises, that prevented him from holding a directorship or top managerial role in a listed entity.
On Monday, the Securities Appellate Tribunal (SAT) revoked a prior regulatory prohibition on Punit Goenka, the managing director and CEO of Zee Entertainment Enterprises, from holding significant managerial roles in listed firms. This move potentially accelerates the intended merger between Zee and Culver Max Entertainment, the local subsidiary of Japan's Sony Group Corp. , Companies News, Times Now