Ministry of Corporate Affairs to inspect ZEE’s books

MUMBAI: The Ministry of Corporate Affairs (MCA) has directed its western region head to inspect the books of Zee Entertainment Enterprises (ZEE). The enquiry follows resignations of a few of its independent directors, who raised corporate governance issues.

According to sources the enquiry will be carried in accordance with Section 206 of the act. The said provision allows the ministry to furnish in writing information or explanation; or to produce documents, within such reasonable time, as may be specified in the notice.