Axis Finance sends legal notice to ZEE, seeks ₹146-crore in dues : Rashtra News #Axis #Finance #sends #legal #notice #ZEE #seeks #146crore #dues Axis Finance, a subsidiary of private sector lender Axis Bank, has sent a legal notice to Zee Entertainment Enterprises (ZEE) and its promoters, Subhash Chandra and his son Punit Goenka, seeking to
"Frugality, Optimization, and a sharp focus on quality content are the three key tenets of the plan implemented by Goenka to drive the company to the targeted goals; and the above-mentioned voluntary decision, is in line with this approach," Zee said in an exchange filing.
The Ministry of Corporate Affairs (MCA), which is investigating Zee Entertainment Enterprises Ltd (ZEEL) over alleged corporate governance violations, has written to the Securities and Exchange Board of India (Sebi) seeking details on its latest findings on fund diversion that have been cited in media reports, said people aware of the matter.