NCLT to enunciate its order on Zee-Sony merger on 10 August

Mumbai: The National Company Law Tribunal’s (NCLT) Mumbai bench will pronounce its order on the merger between Zee Entertainment Enterprises Limited (ZEEL) and Culver Max Entertainment (Sony) on 10 August.

Keeping in mind the objections raised by financial and operational creditors, the division bench of judicial member HV Subba Rao and technical member Madhu Sinha reserved its order in the merger on 10 July. The division bench also permitted parties to file their written submissions.