Mumbai/IBNS: A division bench of Bombay High Court has delayed the next hearing in Zee Entertainment’s dispute against Invesco till November 29 on the issue of calling an Extraordinary General Meeting, according to media reports.
Mumbai/IBNS: The Bombay High Court on October 26 offered relief to Zee Entertainment by passing a restraining order against Invesco's call for an extraordinary general meeting (EGM).
Mumbai/IBNS: Zee Entertainment has said its board cannot give permission to hold an Extraordinary General Meeting (EGM), a day after Bombay High Court directed the company to fold the meeting as demanded by Invesco.
Mumbai/IBNS: The Bombay High Court on Thursday ordered Zee Entertainment Enterprises Ltd to convene an extraordinary general meeting (EGM) as requisitioned by shareholders Invesco Developing Market Funds and OFI Global China Fund.
Mumbai/IBNS: Zee Entertainment Enterprises Ltd (ZEEL) should be given "reasonable and sufficient opportunity" to reply to Invesco's plea seeking convening a meeting of the company's shareholders, the National Company Law Appellate Tribunal on Thursday told the NCLT, media reports said.
Mumbai/IBNS: Zee Entertainment Enterprises Ltd on Wednesday sought the directive of the National Company Law Appellate Tribunal (NCLAT) to declare illegal the requisition of minority shareholders Invesco and OFI Global China Fund to convene an Extraordinary General Meeting (EGM), to discuss various issues including the ouster of Managing Director Punit Goenka.
Mumbai/IBNS: Zee Entertainment Enterprises Ltd. has said it is open to offers from other buyers although the potential merger with the Indian unit of Sony Group Corp. is the best deal it has at the moment, according to media reports.