Zee challenges NCLT order initiating insolvency proceedings against it
Zee Entertainment was the guarantor for a loan, which Siti hasn't been paying back since 2019.
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Zee Entertainment was the guarantor for a loan, which Siti hasn't been paying back since 2019.
IndusInd Bank filed a petition with the NCLT against Zee over a default of around Rs 80 crore.
ZEEL received an approval from the Competition Commission of India (CCI) on October 4, 2022.
The two leading networks are joining forces to create a media behemoth, and India’s competition watchdog is concerned about it’s unchallenged dominance.
Get latest articles and stories on Latest News at LatestLY. The National Company Law Tribunal has directed Zee-Entertainment Enterprises to convene a meeting of its shareholders to get approval for its proposed merger with Culver Max Entertainment, formerly Sony Pictures Network. Latest News | NCLT Directs Zee to Convene Shareholders Meeting on Its Merger with Sony on Oct 14.