Zee Entertainment's plea seeking the implementation of merger with Sony Pictures' India arm will be taken up by the National Company Law Tribunal (NCLT) on March 12. Zee's share prices climbed after the NCLT listed the plea. The merger scheme, which would've created a $10 billion media entity, was approved by NCLT's Mumbai bench in August 2023. However, Sony terminated the agreement in January due to delays and lack of consensus over leadership of the merged entity. Zee has also approached the Singapore International Arbitration Centre (SIAC) for implementation of the merger agreement.