Tag: scheme of arrangement
August 23, 2023
Technology, Media and Telecom
Technology, Media and Telecom
ZEE-SONY MERGER: NO PRIVITY OF CONTRACT, NO OBJECTIONS
On August 10, 2023, the National Company Law Tribunal, Mumbai ("NCLT") greenlit the merger of Zee Entertainment Enterprises Limited ("Zee") with Culver Max Entertainment Private Limited (formerly Sony Pictures Networks India) ("Sony") (hereinafter referred to as the "Zee-Sony Merger"). Following the merger, the resulting entity will be the second largest entertainment network after Disney Star. ......











