NCLAT to hear Zee Entertainment’s plea challenging NCLT order today

The National Company Law Appellate Tribunal (NCLAT) will hear Zee Entertainment’s petition against the National Company Law Tribunal (NCLT) order, directing NSE and BSE to reconsider their approval of its merger with Culver Max Entertainment (earlier known as Sony Pictures Networks India).

On Thursday, a two-judge bench NCLAT bench directed the counsel appearing for ZEEL to remove defects in the petition and directed them to list the matter for the next day for hearing. The appellate tribunal was hearing the appeal filed by ZEEL against the order passed by the Mumbai bench of the NCLT on May 11, 2023.