The NCLAT stay on insolvency comes as a major relief to the company as Zee Entertainment is on the verge of completing its merger with Culver Max Entertainment
Hailing the NCLAT order, Punit Goenka said, Remain committed towards protecting the interest of all stakeholders. Our focus continues to be on the timely completion of the proposed merger
BREAKING: NCLAT has stayed the NCLT order that favoured insolvency proceedings against Zee Entertainment Enterprises Ltd. The plea in NCLT was filed by IndusInd Bank
Punit Goenka, Chief Executive Officer of Zee Entertainment Enterprises said that all necessary steps are being taken as per law to protect the interests of all stake holders of Zee Entertainment and to achieve timely completion of the proposed merger with Culver Max Entertainment Pvt. Ltd