17 Aug 2023 , 02:22 PM
The National Company Law Appellate Tribunal (NCLAT) has accepted IDBI Bank’s plea for insolvency proceedings against Zee Entertainment Enterprises Limited (ZEEL). ZEEL has not received any notice regarding this matter, and IDBI Bank has requested an additional week to submit further documents.
The next hearing for this case is scheduled for August 31. In May 2023, the National Company Law Tribunal’s (NCLT) Mumbai bench had rejected IDBI Bank’s plea, citing that it was barred under Section 10A of the Insolvency and Bankruptcy Code (IBC).
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.