NCLAT to now hear IDBI Bank’s plea in ZEE case on Aug 31
The hearing was also deferred in the firs week of this month
The National Company Law Appellate Tribunal (NCLAT) will be hearing IDBI Bank's plea against ZEE in the payment dispute case on August 31. The hearing was earlier deferred in August first week.
On May 19, NCLT had rejected the plea to initiate insolvency proceedings against ZEE.
This comes a week after NCLT approving the merger of Zee Entertainment Enterprises with Culver Max Entertainment (earlier known as Sony Pictures Networks India).
