SC Issues Notice to 2 Essel Group Companies on IDBI Trustees

Agreeing to hear a petition filed by IDBI Trusteeship Services Ltd against an order from the National Company Law Appellate Tribunal (NCLAT) rejecting an insolvency plea against Essel group companies, the Supreme Court issued notices to Cyquator Media Services and Direct Media Distribution Ventures. Cyquator Media Services is a promoter group company of Zee Entertainment Enterprises Ltd (ZEEL).

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