Sebi rejects Zee, Punit Goenka’s settlement applications, orders further probe, ET LegalWorld
Market regulator Securities and Exchange Board of India (Sebi) on Thursday (January 2), dismissed settlement applications filed by Zee Entertainment Enterprises (ZEEL) and Punit Goenka and referred the matter for further investigation. In a three-page order issued on Thursday, Sebi dropped show cause notices issued against Zee, Subhash Chandra and his son Punit Goenka for […]
Zee files settlement application with Sebi over alleged lapses, ET LegalWorld
Mumbai: Zee Entertainment Enterprises has filed a settlement application with the Securities and Exchange Board of India (Sebi) to resolve the markets regulator’s ongoing investigations into alleged corporate governance lapses and financial irregularities involving the media and entertainment company’s promoters. The application, submitted on Thursday without admitting or denying the allegations, is part of a […]
Star files Statement of Case in London court against ZEE, seeks $940 million in damages, ET LegalWorld
In what may account to be fresh trouble for Zee Entertainment Limited (ZEEL), Star India Private Limited (Star) has filed Statement of Case in its ongoing arbitration proceedings against the former, seeking damages of $940 million (approximately Rs 7, 869 crore) in the now terminated ICC TV rights deal case. However, Zee has strongly denied […]
Zee Entertainment moves HC seeking Censor certificate for Ranaut’s ‘Emergency’, ET LegalWorld
Zee Entertainment Enterprises on Tuesday moved the Bombay High Court seeking a direction to the Central Board of Film Certification (CBFC) to issue certificate for the film “Emergency”, helmed by Kangana Ranaut. The court agreed to hear it on Wednesday. Zee Entertainment is the producer of the film. Scheduled for release on September 6, the […]
Zee files application seeking recall of NCLT order, Legal News, ET LegalWorld
Zee Entertainment Enterprises has filed an application with the National Company Law Tribunal (NCLT) seeking the recall of the tribunal’s August 10, 2023 order, which sanctioned the merger scheme with Sony Group Corporation’s India media units, Culver Max Entertainment and Bangla Entertainment. The Indian entertainment giant filed the application with the Mumbai bench of the […]