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NCLAT reserves order on IDBI, Axis Bank pleas against failed Zee-Sony merger

NCLAT reserves order on IDBI, Axis Bank pleas against failed Zee-Sony merger
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NCLAT defers hearing of challenges against Zee-Sony merger to March 18

IDBI Bank, IDBI Trusteeship and Axis Trusteeship challenged the National Company Law Tribunal (NCLT) order from August granting a legal sanction to the merger.

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NCLT issues notice in Zee s plea to enforce the merger with Sony

Senior advocate Janak Dwarkadas, who appeared to ZEEL told the NCLT that since it was the tribunal that had approved the merger, it has jurisdiction to entertain petitions to implement the merger.

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NCLT Mumbai seeks Sony Pictures response to plea by Zee seeking implementation of ₹10 billion merger

The tribunal was informed that Sony Pictures was in the process of filing an application challenging the maintainability of Zee's petition.

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Zee Vs Sony Arbitration Hearing In Singapore on February 1

Mumbai: The National Company Law Tribunal (NCLT) Mumbai on Tuesday accepted a petition by a Zee Entertainment shareholder seeking the implementation of a $10 billion merger of its Indian entity with.

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