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NCLT directs Zee to file reply on Sony's application in two weeks

By Economic Times - 9 months ago
The NCLT has directed Zee Entertainment Enterprises to reply to applications filed by Sony Group companies within two weeks. Sony Group units Culver Max Entertainment and Bangla Entertainment have challenged Zee Entertainment's plea seeking implementation of the merger scheme. Sony terminated the proposed merger deal and sought $90 million in termination fees from Zee.

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