NCLT Mumbai upholds merger scheme between ZEE and Sony

A coram of judicial member HV Subba Rao and technical member Madhu Sinha pronounced the verdict today, dismissing all objections made by creditors.
Sony ZEE merger
Sony ZEE merger

The National Company Law Tribunal (NCLT) at Mumbai on Thursday upheld the merger between Zee Entertainment Enterprises (ZEE) and Culver Max Entertainment (earlier known as Sony Pictures Networks India).

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