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Siti Zee Aditya Birla dispute: Aditya Birla Finance-Siti dispute: SC upholds Delhi HC's order, refers Rs 150 cr dispute to arbitration

The Supreme Court has upheld the Delhi High Court's order in the Aditya Birla Finance-Siti Networks Ltd dispute, requesting arbitration. The court clarified that all parties should present their defenses before the sole arbitrator appointed by the Delhi High Court. The dispute stems from a Rs 150 crore loan default involving Essel Group of Companies, Zee Entertainment Enterprises, Siti Networks Ltd, and Aditya Birla Finance.

Delhi , India , Siti-networks , Siti-network , Essel-group , Supreme-court-on , Siti-networks-ltd , Essel-group-of-companies , Zee-entertainment-enterprises , Delhi-high-court , Supreme-court

Annual Digest of Arbitration Cases : 2023 (Part -II)

Supreme Court Will The Mandate Of The Tribunal Terminate Under Section 29A Unless Extended During Its Subsistence? Supreme Court To Examine The Supreme Court is set to examine an important...

State-of-uttar-pradesh , Uttar-pradesh , India , Thanjavur , Tamil-nadu , Singapore , Panama , Cheran , Meghalaya , Lihua , Jilin , China

NCLAT Adjourns Hearing In ZEEL-IDBI Case To 8 November

NCLAT Adjourns Hearing In ZEEL-IDBI Case To 8 November
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Mumbai , Maharashtra , India , New-delhi , Delhi , Punit-goenka , Indusind-bank , Siti-networks , Bank-to-siti-networks-ltd , Exchange-board-of-india-sebi , National-company-law-tribunal , Zee-entertainment-enterprises-ltd

Zee mired in legal disputes in run-up to merger with Sony

The filings showed that Zee is dealing with at least a dozen lawsuits, involving cases filed by the Income Tax department, the Commissioner of Service Tax, the Director General of GST Intelligence, and several lenders

Japan , India , Sebi , Kagoshima , Bombay , Maharashtra , Pakistan , Prasar-bharati , Punit-goenka-chandra , Supreme-court , Taj-television-india-pvt , Aditya-birla-finance-ltd

IDBI Bank moves NCLAT on ZEE

IDBI Bank moves NCLAT on ZEE
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Mumbai , Maharashtra , India , Puneet-goenka , Indusind-bank , Bank-to-siti-networks-ltd , Essel-group , National-company-law-appellate-tribunal , Bankruptcy-code , Siti-networks-ltd , Sony-pictures , Culver-max-entertainment

NCLT rejects plea against Zee

The public sector lender IDBI Bank had filed the petition under section 7 of the Insolvency and Bankruptcy Code (IBC), which allows a financial creditor to file an application for initiating CIRP against a corporate debtor before the adjudicating authority.

Puneet-goenka , Justice-kishore-vemulapalli , Prabhat-kumar , National-company-law-appellate-tribunal , Sony , Essel-group , Siti-networks-ltd , Sony-pictures , Indusind-bank , Code-this , Code-the , Bankruptcy-code

JC Flowers Alleges Non-Compete Arrangement in Zee-Sony Merger Made To Evade Tax, Defraud Creditors: Report

JC Flowers and Co, a creditor of Essel group, has questioned the legality of the non-compete arrangement between Zee Entertainment Enterprises Ltd (ZEEL) and Culver Max International Pvt (Sony Pictures), says a report from BQ Prime.

Mauritius , Mumbai , Maharashtra , India , Subash-chandra , Ravi-kadam , Indian-performing-right-society , Bangla-entertainment-pvt-ltd , Culver-max-entertainment-pvt-ltd , Sony , Essel-group , Star-india-pvt-ltd-or-viacom