• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Zee Moves NCLT Seeking Directions To Implement Merger With Sony

OMMCOM NEWS by OMMCOM NEWS
January 24, 2024
in Business

New Delhi:  Zee Entertainment has initiated legal action to contest Culver Max (formerly Sony Pictures Network India) and BEPL’s claims in the arbitration proceedings before the Singapore International Arbitration Centre (SIAC).

Zee has also approached the National Company Law Tribunal’s Mumbai bench inter alia seeking directions to implement the merger scheme.

The company issued a reply to Culver Max and BEPL inter alia specifically denying any breach of its obligations under the MCA and reiterated that the company has complied with all its obligations in good faith.

The company has denied that Culver Max and BEPL are entitled to terminate the MCA and the claim for termination fee is legally untenable and has no basis whatsoever.

The company asserted that Culver Max and BEPL are in default of their obligations to give effect to and implement the Scheme, sanctioned by the National Company Law Tribunal.

The company has called upon Culver Max and BEPL to immediately withdraw the termination and confirm that they will perform their obligations to give effect to and implement the merger scheme. The company has reserved all its rights in this regard.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Kashmir Agri University Professor Convicted For Sexual Harassment

Next Post

U’Khand: Villagers Stage Protest Over Damage To Houses Due To Tunnel Construction Work

Related Posts

Business

Diwali Sales Hit Record Rs 5.40 Lakh Crore Over GST Reforms, Robust Consumer Demand

October 21, 2025
Stock Market
Business

NSE, BSE To Hold Muhurat Trading In Afternoon For 1st Time As Samvat 2082 Begins

October 21, 2025
Fishermen
Business

Inmarsat Satellite Phone Services Restored For TN’s Fishermen Stranded At Sea: FM Sitharaman

October 20, 2025
Indian stock markets
Business

Festive Cheer Lifts Markets As Sensex, Nifty Extend Winning Streak

October 20, 2025
Trade
Business

India, US Trade Talks Make Headway ‘But No Rush’ For Agreement

October 20, 2025
Ola
Business

Ola CEO Bhavish Aggarwal Booked For Abetment To Suicide After Employee’s Death In Bengaluru

October 20, 2025
Next Post

U'Khand: Villagers Stage Protest Over Damage To Houses Due To Tunnel Construction Work

Sony CEO Assures Staff Of 'Long-Term Growth, Strong Future' After Zee Deal Falls Through

Shoaib Bashir Granted Visa, Set To Join England Team By Saturday

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.