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Zee moves NCLT against Sony for calling off merger; to contest $90 million claim before SIAC

It is "evaluating all available options" and basis the guidance received from its board, said a regulatory filing from Zee Entertainment Enterprise.
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Zee moves NCLT against Sony for calling off merger; to contest $90 mn claim before SIAC

Zee moves NCLT against Sony for calling off merger; to contest $90 mn claim before SIAC
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Post merger collapse, legal battles begin with ZEE approaching NCLT

Post merger collapse, legal battles begin with ZEE approaching NCLT
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Zee asks Sony to immediately withdraw termination of merger, moves NCLT to press demand

Zee asks Sony to immediately withdraw termination of merger, moves NCLT to press demand
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Zee moves NCLT against Sony; to contest $90 mn claim

Two days after the termination of the merger agreement by Sony Group, Zee Entertainment on Wednesday hit back by filing a petition before the National Company Law Tribunal (NCLT), seeking a direction to implement the merger scheme.

Besides, it has also initiated appropriate legal actions to contest the claims of $90 million (Rs 748.5 crore) filed by Sony Group before the Singapore International Arbitration Centre (SIAC), according to a regulatory update by Zee Entertainment Enterprise Ltd (ZEEL). ....

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