The bench also allowed Yes Bank two weeks’ time to file its reply.
The regulator has asked Zeel to exercise due diligence in the timeliness of disclosures.
Zeel has also cancelled its board meeting scheduled on 27 October citing a lack of quorum.
Zeel had moved NCLAT challenging NCLT’s order seeking its reply by Thursday
The merged entity will target overall growth with a focus on sports and digital.
