[ad_1] The Sony-Zee merger could have created a $10-billion media enterprise in the country. In January, the Sony Group Corp called off two-year-long merger talks with ZEEL following a stalemate over who would lead the merged entity Sony Pictures Networks India on Thursday withdrew its NCLT application regarding the merger …
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Singapore arbitrator lets Zee Entertainment approach NCLT to enforce Sony merger deal | India Business News – Times of India
[ad_1] NEW DELHI: In a recent turn of events, a Singapore arbitrator has reportedly agreed to let Zee Entertainment ask National Company Law Tribunal (NCLT) to enforce a $10 billion merger with Sony‘s India unit that was scrapped by the Japanese firm.According to Reuters, the emergency arbitrator denied Sony’s application …
Read More »Foreign lenders file insolvency plea against Byju’s | Latest News | India Business News – Times of India
[ad_1] MUMBAI: In yet another setback for Byju’s, its foreign lenders have filed a petition to initiate corporate insolvency resolution proceedings against the firm. The petition has been filed with the Bengaluru bench of NCLT, a representative of the lenders confirmed. The failure on part of Byju’s to honour its …
Read More »NCLT okays sale of Reliance Communications real estate assets – Times of India
[ad_1] NEW DELHI: Insolvency tribunal NCLT Mumbai has approved the sale of some of the real estate assets of telecom company Reliance Communications, a regulatory filing said on Wednesday. The assets identified for sale include Chennai Haddow Office of RCom, comprising land and building; land parcel in Ambattur in Chennai …
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