Standard Chartered Bank had sanctioned certain credit facilities to Siti Networks, which was inter-alia secured by DSRA (Debt Service Reserve Account) support and undertaking from ZEEL.
Best Media Info: Zee said that since the borrower has defaulted in its debt repayment obligations to the Bank, the company has entered into a one-time settlement agreement with the bank in respect of DSRA Claims/Under| Television News
Best Media Info: Punit Goenka, CEO of Zee Entertainment Enterprises, Thursday approached the NCLAT seeking relief against the company's admission to insolvency| Television News
Best Media Info: Punit Goenka, CEO of Zee Entertainment Enterprises, has approached the National Company Law Appellate Tribunal seeking relief against the company's admission to insolvency| Television News
Best Media Info: The Mumbai Bench of the National Company Law Tribunal (NCLT) Wednesday admitted private sector lender IndusInd Bank's insolvency plea against Zee Entertainment Enterprises| Television News