NCLAT Set To Hear IDBI s Plea For ZEE Entertainment s Insolvency Proceedings Today businessworld.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessworld.in Daily Mail and Mail on Sunday newspapers.
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.
India s Ministry of Corporate Affairs is investigating alleged irregularities in Zee Entertainment Enterprises following allegations made by the market regulator, SEBI. The ministry is examining alleged bogus book entries and siphoning of funds, as well as lapses in corporate governance
NCLAT postpones hearing on IDBI Bank s plea against Zee Entertainment to August 17: Best Media Info bestmediainfo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bestmediainfo.com Daily Mail and Mail on Sunday newspapers.