DTH
HDTV alliance established in Beijing
MUMBAI: The Beijing Gehua CATV Network has formed an alliance with other companies to provide high-definition television (HDTV) service and accelerate the development of the service in China.
The parties are Dazhong Electronics as well as TV manufacturers like Changhong and Haier.
Media reports state that the co-founders also include Huacheng Film and TV Digital Programme, Beijing BAMC Communication Digital TV Co Ltd, Dolby Laboratories and other TV manufacturers such as Hisense, Panasonic, TCL and Sharp.
According to the agreement, Huacheng Film and TV Digital Programme together with Shanghai Media Group will provide HD TV channels. Gehua CATV Network takes charge of communicating signal. The HD TV sets made by the above manufacturers should comply with the related national standards and the standards of Gehua CATV’s network.
Huacheng says that its CHC high-definition film is the first of its kind in China and will work with others to provide this to the alliance, while Gehua is mainly responsible for signal transmission among alliance members. The six TV manufacturers promise that their TV sets sold at Dazhong retail outlets conform with the national high-definition standard.
DTH Operator
JC Flowers withdraws NCLT plea against Dish TV over EGM demand
Move eases pressure on DTH firm as long-running shareholder dispute cools
MUMBAI: In a breather for Dish TV India, JC Flowers Asset Reconstruction has withdrawn its petition before the National Company Law Tribunal seeking directions to convene an extraordinary general meeting.
The development was disclosed by Dish TV in a regulatory filing, confirming that the petitioner chose to withdraw the case during a hearing at the Mumbai bench of the tribunal. A detailed order from the bench is still awaited.
The petition, originally filed under Sections 98 to 100 of the Companies Act, 2013, sought to push for an extraordinary general meeting to address governance issues at the company. The case had its roots in a prolonged shareholder tussle dating back to 2021, when Yes Bank, then the largest shareholder, was at odds with the promoter group led by Subhash Chandra over board reconstitution.
JC Flowers had stepped into the picture as an assignee of Yes Bank’s stressed assets, effectively continuing the legal push initiated earlier. The withdrawal now signals a pause, if not a closure, to that chapter of dispute.
While the reasons behind the withdrawal have not been formally detailed, the move reduces immediate legal pressure on Dish TV, which has been navigating both operational and regulatory challenges in recent years.
For now, the focus shifts back to the company’s business fundamentals, even as the legal dust settles, at least temporarily, on one of its more closely watched shareholder battles.
