Delhi High Court rejects Bloomberg plea against order to take down story against Zee

Bloomberg had published an article stating that SEBI had found accounting hole of US $241 million at Zee. The High Court today gave Bloomberg three days to take the story down.
Zee Entertainment and Bloomberg
Zee Entertainment and Bloomberg

The Delhi High Court on Thursday upheld an order directing news platform Bloomberg to take down a report alleging that market regulator Securities and Exchange Board of India (SEBI) had found a US $241 million accounting irregularity at Zee Entertainment [Bloomberg Television Production Services India Private Limited & Ors v Zee Entertainment Enterprise Limited].

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