Overhang gone: Z set for a meteoric rise.
NCLAT has served notice to Zee in response to Axis Finance's plea.
The regulator has asked Zeel to exercise due diligence in the timeliness of disclosures.
Move comes a month after Reliance offloaded 19.1 per cent stake in Hathway.
Justice DY Chandrachud said it was “brash” of the SAT to ask for a 50 per cent deposit.
