NCLAT refuses notice in Axis Finance & IDBI Bank's appeal against Zee-Sony merger approval. Read More>>
NCLAT defers case, and grants ZEEL option to respond if necessary.
Mukul Rohatgi and Arun Kathpalia argue Axis Finance lacks the locus to file, and object to adjournment.
On August 10, NCLT greenlighted the Zee-Sony merger, clearing path for $10B media giant.
NCLT dismisses objections, paving the way for the Zee-Sony merger.
Zee Entertainment and Sony Pictures' agreement in December 2021 led to the merger proposal.