ZEE Entertainment Enterprises Limited (ZEEL) has withdrawn its application from the National Company Law Tribunal (NCLT) that sought directions to Sony Group Corp-owned Culver Max Entertainment and Bangla Entertainment...
Zee, Sony huddle in dramatic twist to salvage merger
No twist is too dramatic for serialised shows that are staple of nighttime television in India’s vast market for general entertainment. It’s no different, it appears, in the two-year-long saga that has...
Zee to take legal action after Sony terminates merger: Report
Indian broadcaster Zee Entertainment said on Monday it will take legal action against Sony Group after the Japanese media company terminated a $10 billion merger of their India operations, Reuters reported on 22 January...
Deadline over; Sony not keen to extend good faith negotiations with Zee. $10 bn merger terminated
Sony Group Corp is unlikely to extend the good faith negotiations with Zee Entertainment Enterprises Ltd. (ZEEL) — whose deadline was supposed to lapse on midnight of January 21st said people aware. Sony is...
No Sony nod yet to extend Zee merger date
The Sony-Zee mega merger still hangs in the balance. Sony Pictures Networks India (SPNI) said it hasn’t yet decided on extending the Thursday, December 21, deadline to complete the merger with Zee Entertainment...
NCLAT to hear IDBI’s insolvency plea against Zee Entertainment today
A three-member bench of the National Company Law Appellate Tribunal (NCLAT) is scheduled to hear the plea of IDBI Bank seeking to initiate insolvency proceedings against Zee Entertainment on December 6 (today). The case...
NCLAT adjourns hearing on IDBI’s insolvency plea against Zee Entertainment to Dec 6
The National Company Law Appellate Tribunal (NCLAT) on Wednesday adjourned its hearing to December 6 over the plea of IDBI Bank seeking to initiate insolvency proceedings against Zee Entertainment. A three-member NCLAT...
Zee-Sony merger: NCLAT adjourns hearing over IDBI, Axis Finance plea to Oct 31
The NCLAT on Friday adjourned the hearing to October 31 on pleas filed by IDBI Bank and Axis Finance against the merger of Zee Entertainment Enterprise with Culver Max Entertainment, formerly Sony Pictures Networks...
Zee-Sony merger: NCLAT adjourns hearing over Axis Finance plea to Friday
The National Company Law Appellate Tribunal (NCLAT) adjourned the hearing to October 13 on a plea filed by Axis Finance against the merger of Zee Entertainment Enterprise Ltd (ZEEL) with Culver Max Entertainment...
Zee-Sony merger: Deal completion expected to take a few more months
The Zee Entertainment-Sony Pictures merger is expected to be delayed further. The merger, which had been announced in December 2021 and was approved by the National Company Law Tribunal (NCLT) in August 2023, is still...
Axis Finance approaches NCLAT against NCLT approval of Zee-Sony merger
Axis Finance has filed an appeal in the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal’s (NCLT) nod to the Zee-Sony merger, the company said on Thursday. This comes just...
A Long-Drawn Battle: ZEE-SONY Merger
After the roller coaster ride, Hon’ble National Company Law Tribunal, Mumbai bench vide its order dated 10th August 2023 has approved the scheme of merger of Zee Entertainment Enterprises Limited (ZEEL) and Bangla...