NCLAT agrees to hear IDBI Bank’s appeal against ZEEL on August 31
By
Binu Mathew
The National Company Law Appellate Tribunal (NCLAT) on Thursday agreed to hear the appeal by the IDBI Bank against the National Company Law Tribunal (NCLT) order at length.
The case relates to the lender’s insolvency plea against Zee Entertainment Enterprises Limited (ZEEL).
No notice has been issued to ZEEL.
The IDBI has now sought a week’s time to file additional documents, according to a report in the Moneycontrol.
The next date of the hearing is on August 31.