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Tag : National Company Law Appellate Tribunal (NCLAT)

MARKETS

IDBI Bank Challenges Prior NCLT Order, Moves NCLAT against Zee Entertainment 

Chinmay Bohra
IDBI Bank has approached the National Company Law Appellate Tribunal (NCLAT) to challenge an earlier National Company Law Tribunal (NCLT) order to initiate insolvency proceedings...
BUSINESS

NCLAT Sets Aside NCLT’s Order on Zee Entertainment’s Merger with Sony India

Nilesh
The National Company Law Appellate Tribunal (NCLAT) on Friday quashed the National Company Law Tribunal’s (NCLT) order directing the National Stock Exchange (NSE) and BSE...
BUSINESS

Zee Enters into One-Time Agreement with Standard Chartered for Credit Facility Availed by Citi Networks

Nilesh
Zee Entertainment Enterprises Ltd (ZEEL) has entered into a one-off settlement agreement with Standard Chartered Bank over a loan taken by Essel Group’s Siti Networks....
MARKETS

ZEE Settles With IndusInd Bank, Shares Soar 4% as Deal with Sony Goes Ahead

Nilesh
Zee Entertainment Enterprises and IndusInd Bank informed the National Company Law Appellate Tribunal (NCLAT) that a settlement was reached on March 29. Under the settlement...
MARKETS

Zee Entertainment Share Rises 14% in 4-Days in Hopes of Merger with Sony and Settlement with Lenders

Chinmay Bohra
Zee Entertainment Enterprises (ZEE), a TV broadcasting and software production company in India, has been involved in an ongoing dispute with IndusInd Bank. The bank...