Page 2 - Darius Khambata News Today

The matter is scheduled for hearing on March 12.

The Zee-Sony merger cancellation dispute rumbles on. India’s National Company Law Tribunal (NCLT) issued a formal notice to Culver Max (formerly Sony Pictures

The Bombay High Court indicatively urged the Union government of India to continue its statement against notifying its proposed Fact Check Unit until the challenge to the 2023 amendment to the IT...

The Bombay High Court on Tuesday directed the Maharashtra Pollution Control Board (MPCB) to consider conducting a pollution audit of all industries in the Mumbai Metropolitan Region (MMR) and submit a...

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.

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

The tribunal was responding to an application filed by a Zee shareholder seeking implementation of the merger between the two companies

The NCLT has given Sony Group Corp. three weeks to respond to a plea seeking implementation of the merger scheme between Sony and Zee Entertainment Enterprises. The scheme was terminated by Sony on January 22 due to non-fulfillment of closing conditions by Zee. The NCLT has adjourned the matter to March 12. Sony has demanded a $90 million termination fee from Zee and initiated arbitration against them.

The National Company Law Tribunal (NCLT) on Tuesday admitted a fresh petition filed by a Zee Entertainment Enterprises Ltd shareholder seeking enforcement of the now-cancelled merger deal between ZEEL and Sony. The Mumbai bench of NCLT also directed Sony Pictures Network India, now known as Culver Max, to file a reply within three weeks and fixed the next date of hearing on March 12. On January 21, Sony Group Corp (SGC), the Japanese parent company of Sony Picture Network India (SPNI) and BEPL, ...

ZEEL shareholders have entered yet another petition in the NCLT seeking the enforcement of the now-cancelled merger with Sony Group.