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End of Zee-Sony deal may trigger a spate of legal wranglings

The Sony Group s decision to call off its deal with Zee Entertainment Enterprises and seek a termination fee of $90 million is likely to trigger a messy legal war. Both companies can approach an arbitration tribunal or a high court for interim relief. Disputes relating to changes in the merger scheme can be challenged before the arbitral tribunal. Zee Entertainment can also invoke arbitration and seek interim measures as per the agreement. ....

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amazon business licence options: Amazon business looking to offer multiple licence options at signup

Amazon Business is the B2B offering of Amazon India that provides its business customers with access to products with a GST invoice allowing them to take input tax credit. These customers also get business-exclusive deals and quantity discounts on products, as per its website. ....

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NCLT admits plea against Ansal Properties unit Serene Residency, ET RealEstate

Ansal Properties: The New Delhi bench of the National Company Law Tribunal (NCLT) has admitted the insolvency resolution application filed by the Indian Bank against the company and also appointed Navneet Kumar Gupta as interim resolution professional (IRP) for the company. ....

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Torrent approaches the SC to expedite a hearing on its appeal in Reliance Capital's insolvency resolution case

Veteran lawyer Shardul Shroff has approached the Supreme Court on behalf of Torrent Investments in order to expedite the hearing on the company s application to stay the second challenge mechanism in the corporate insolvency resolution process for Reliance Capital. ....

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Appsolutely explicit: Dark underbelly of apps in India, Telecom News, ET Telecom

Mobile Apps: Take for instance the app Boloji Pro, which has over one crore downloads on the Play Store and ranks 13th on the top grossing charts. On signing up, a user is bombarded with messages to chat from several accounts - all with women s names and with fairly explicit display pictures. ....

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