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Siti Zee Aditya Birla dispute: Aditya Birla Finance-Siti dispute: SC upholds Delhi HC s order, refers Rs 150 cr dispute to arbitration

The Supreme Court has upheld the Delhi High Court s order in the Aditya Birla Finance-Siti Networks Ltd dispute, requesting arbitration. The court clarified that all parties should present their defenses before the sole arbitrator appointed by the Delhi High Court. The dispute stems from a Rs 150 crore loan default involving Essel Group of Companies, Zee Entertainment Enterprises, Siti Networks Ltd, and Aditya Birla Finance.

Annual Digest of Arbitration Cases : 2023 (Part -II)

Supreme Court Will The Mandate Of The Tribunal Terminate Under Section 29A Unless Extended During Its Subsistence? Supreme Court To Examine The Supreme Court is set to examine an important.

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