Key Points
The Singapore International Arbitration Centre (SIAC) is set to begin hearing in the arbitration case filed by Sony Group Corp-owned Culver Max Entertainment and Bangla Entertainment against Zee Entertainment Enterprises over the alleged breach of the merger agreement...
Sony terminated its merger agreement with Zee on January 22, demanding a $90 million termination fee from the Indian entertainment giant for alleged breaches of the merger agreement by Zee...
The company has called upon Culver Max and Bangla Entertainment to immediately withdraw the termination and confirm that they will perform their obligations to give effect to and implement the Merger Scheme, sanctioned by the NCLT, Zee had noted...
Meanwhile, the Mumbai bench of the NCLT on Tuesday gave Sony Group entities three weeks to respond to a plea filed by Mad Man Film Ventures, a Zee shareholder, seeking the tribunal's intervention in implementing the merger scheme...
The division bench of judicial member Lakshmi Gurung and technical member Charanjeet Singh Gulati, while allowing the Sony Group companies Culver Max Entertainment and Bangla Entertainment three weeks to file their reply, has adjourned the matter to March 12...
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