According to legal experts, Sony will have the option to file an appeal before NCLAT against the decision of NCLT
The matter came up for hearing on Dec 1 and was deferred
The tribunal adjourned the hearing of Wednesday after the counsel sought time to complete the pleading
The lender has said that the approval for the merger is a “contravention" of a regulatory order against Punit Goenka
IndusInd Bank had approached NCLT, asking to initiate insolvency proceedings against Zee
NCLAT posited that Zee should have been heard by NCLT before directing both the exchanges to review the NOC, adding that there was no occasion...
The network is expected to contest that it did not have the opportunity to present its arguments