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NCLAT issues notice to Zee Entertainment, refuses to stay merger

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 ....

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NCLAT issues notice to Zee Entertainment, refuses to stay merger

NCLAT issues notice to Zee Entertainment, refuses to stay merger
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

Justice Ashok Bhushan , Arun Baroka , National Company Law Tribunal , Sony Pictures Networks India , National Company Law Appellate Tribunal On , Zee Entertainment Enterprise Ltd , Jc Flowers Asset Reconstruction Co , Imax Corp , National Company Law Appellate Tribunal , Culver Max , Chairman Justice Ashok Bhushan , Member Arun Baroka , Culver Max Entertainment , Axis Finance ,

NCLAT Issues Notice To Zee Entertainment, Refuses To Stay Merger

NCLAT Issues Notice To Zee Entertainment, Refuses To Stay Merger
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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Zee-Sony merger: India's largest media company is all set to be born

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. ....

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