Sony Group's India units, Culver Max Entertainment and Bangla Entertainment, have challenged the maintainability of Zee Entertainment Enterprises' application for the merger scheme before the National Company Law Tribunal (NCLT). The NCLT has combined Zee's plea with that of its shareholder, Mad Man Film Ventures, and scheduled a hearing for March 12. Mad Man Film Ventures has also approached the NCLT seeking the implementation of the merger scheme. Read The Rest at :
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