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The National Company Law Appellate Tribunal on Friday issued notices to Zee Entertainment Enterprise Ltd (ZEEL) over the petitions filed by IDBI Bank and AXIS Finance against an NCLT order that approved the media company s merger with Culver Max Entertainment.
However, a two-member NCLAT bench comprising chairman Justice Ashok Bhushan and Member Arun Baroka declined to grant any stay over the merger process during the pendency of the hearing.
The appellate tribunal (NCLAT) has directed to list both petitions on January 8 for hearing, directing Zee Entertainment Enterprise Ltd to file a reply. ....
The National Company Law Appellate Tribunal on Friday declined to grant a stay on the merger between Zee Entertainment Enterprises Ltd. and Sony India Pvt.
Axis Finance Ltd. and IDBI Bank Ltd. had contested the merger, and the NCLAT has issued notices in response to their pleas, scheduling the case for a hearing on Jan. 8, 2024. ....
NCLAT refuses to stay Zee Entertainment-Sony merger - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
NCLAT issues notice to Zee Entertainment, refuses to stay merger dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.
NCLAT defers IDBI Bank and Axis Finance pleas against Zee-Sony merger to Dec 15: 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.