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NCLAT directs NCLT to allow Zee "reasonable opportunity" to file a reply. Zee says the NCLAT decision justifies its complete faith in the Indian judicial system.
The NCLT had on Tuesday instructed the company to submit a reply over the petition filed by its minority shareholders by October 7, the next date of hearing
Zee-Invesco fracas continues: Now media major moves NCLAT against minority shareholders' requisition for EGM
On Friday, the company had rejected the request of its shareholders, Invesco and OFI Global China Fund, to convene an EGM to discuss several issues, comprising removal of ZEEL's Chief Executive and Managing Director Punit Goenka