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Delhi HC seeks Zee’s reply on Aditya Birla Finance plea in ₹134-cr loan disputeThe Delhi High Court is reviewing a dispute between Aditya Birla Finance (ABFL) and Zee Entertainment over a Rs 134 crore loan to Siti Netw...- NCLAT dismisses IDBI Bank's plea for insolvency against Zee EntertainmentThe NCLAT dismissed IDBI Bank's plea to initiate insolvency proceedings against Zee Entertainment, upholding an order by the NCLT. The trib...
- Aditya Birla Finance-Siti dispute: SC upholds Delhi HC's order, refers Rs 150 cr dispute to arbitrationThe Supreme Court has upheld the Delhi High Court's order in the Aditya Birla Finance-Siti Networks Ltd dispute, requesting arbitration. Th...
- NCLAT adjourns hearing on IDBI's insolvency plea against Zee Entertainment to Dec 6IDBI Bank in its plea has challenged the order of the Mumbai bench of the National Company Law Tribunal (NCLT), which, on May 19, 2023, had...
- NCLT admits Aditya Birla Finance's insolvency plea against Siti Broadband ServicesIn 2020, Siti Broadband had availed of a loan of ₹5 crore from Aditya Birla Finance, to be repaid in 19 quarterly instalments after a morat...
- NCLAT issues notice to Zee Entertainment over IDBI Bank's pleaThe National Company Law Appellate Tribunal (NCLAT) has issued a notice to Zee Entertainment Enterprises Ltd (ZEEL) following a petition fr...
- NCLAT to hear IDBI Bank’s plea against Zee Ent in payment dispute case on Aug 31The National Company Law Appellate Tribunal (NCLAT) on Thursday agreed to hear IDBI Bank’s plea against Zee Entertainment in payment disput...
- NCLAT defers hearing on IDBI Bank's plea against Zee Entertainment to Aug 17The National Company Law Appellate Tribunal (NCLAT) on Wednesday deferred the hearing of IDBI bank's plea against Zee Entertainment till Au...
- IDBI Bank moves NCLAT against Zee; challenges NCLT orderIDBI bank has moved the National Company Law Appellate Tribunal (NCLAT) against Zee Entertainment to challenge an NCLT order, which rejecte...
- ZEE, Standard Chartered ink pact to settle Siti loan default issue"We wish to inform that Standard Chartered Bank (the Bank) had sanctioned certain credit facilities to Siti Networks Limited (the Borrower)...
- Zee enters into a one-time settlement with Standard Chartered Bank for credit facility availed by Siti NetworksZee Entertainment Enterprises Ltd (ZEEL) on Thursday said it has entered into a one-time settlement agreement with Standard Chartered Bank ...
- HC refers Siti Networks' Rs 150-cr loan default case to arbitrationIn 2017, Aditya Birla Finance had extended a term loan of ₹150 crore to Siti Networks under a credit arrangement letter. According to the l...
- ZEEL shares slump 10% despite NCLAT relief. Here's whyDuring the proceedings, senior advocate Mukul Rohatgi representing ZEEL, submitted that insolvency was initiated against the media firm for...
- How Zee Ent can salvage its deal with Sony, experts weigh inIn what is likely to complicate merger plans for the Essel Group, the bankruptcy court on Wednesday admitted Zee Entertainment & Siti Group...
- SITI Network's total default at Rs 913 crore in second quarter of FY23SITI Networks, previously known as SITI Cable Network, is a part of the Essel Group. "...the company is in discussions with its bankers for...
- HDFC offloads 0.7% stake in Ansal Housing"For recovery of part outstanding dues against loans availed by certain pledgers/borrowers, the Corporation on June 15, 2022, invoked the p...
- HDFC to sell four large stressed accounts before mergerBSE-listed Siti Networks is the biggest of the four accounts in this portfolio, accounting for ₹198.5 crore. The other three accounts are t...
- Zee asks NCLT to dismiss IndusInd's insolvency pleaThe homegrown entertainment company said it had on Monday filed an interlocutory application before the NCLT for dismissal of IndusInd Bank...
- L&T Finance invokes shares of three Essel Group companiesAs per regulatory filings, L&T Finance invoked and appropriated against loan outstanding amount 1.24 crore shares constituting 2.65 per cen...
- Zee Entertainment climbs 4% post Q2 results"Zee reported in-line results with Ebitda declining 43 per cent YoY, adjusting for the Rs 81.20 crore provision for overdue receivables fro...
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