Subhash Chandra

Zee requests Sony to extend timeline to complete merger

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Zee requests Sony to extend timeline to complete merger

Zee Entertainment Enterprises Ltd on Sunday said it has requested Culver Max Entertainment Private Limited (formerly known as Sony Pictures Networks India Private Limited) for extension of timeline to complete the mega media merger.  “Pursuant to the Merger Cooperation Agreement dated December 22, 2021 entered into amongst the Company, Bangla Entertainment Private Limited (‘BEPL’), and … Read more

After IDBI Bank, Axis Finance files appeal against order of India’s bankruptcy court

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After IDBI Bank, Axis Finance files appeal against order of India’s bankruptcy court

In a recent development, Axis Finance has filed an appeal with the National Company Law Appellate Tribunal (NCLAT) challenging the National Company Law Tribunal’s (NCLT) decision to approve the merger between the company and Sony. This information was confirmed by Zee Entertainment. The company in an exchange filling said that which stated that a notice … Read more