NCLAT allows plea by Zee for more time to reply to Invesco application in NCLT

On October 5, NCLT had given Zee two days to file its response to applications by Invesco and OFI Global China Fund. NCLAT has allowed Zee's plea seeking more time to respond.
Zee Entertainment, Invesco
Zee Entertainment, Invesco

The National Company Appellate Law Tribunal (NCLAT) has allowed the plea moved by Zee Entertainment Enterprises Limited challenging the October 5 order of the National Company Law Tribunal (NCLT), Mumbai whereby Zee was given only two days to reply to applications in NCLT seeking that an Extraordinary General Meeting (EGM) be convened on a requisition by Invesco Developing Markets Fund.

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