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NCLAT stays the insolvency proceedings against Zeel

Mumbai : The National Company Law Appellate Tribunal (NCLAT) on Friday stayed the order directing the initiation of insolvency proceedings against Zee Entertainment Enterprises Ltd ( Zeel) which was a huge relief for the company. The decision came after the NCLAT heard Zeel CEO Punit Goenka challenge the company's insolvency proceedings. ....

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