SIAC denies emergency interim relief to Sony Group cos against Zee

The Singapore International Arbitration Centre (SIAC) denies emergency interim relief to Sony Group companies against Zee Entertainment Enterprises. SIAC's emergency arbitrator states that the National Company Law Tribunal (NCLT) is the appropriate forum. Legal experts confirm that arbitration proceedings regarding Zee's obligation to pay $90 million in termination fees to Sony will continue. Read The Rest at :