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Zee Entertainment insolvency: NCLAT to hear Punit Goenka's appeal today

Goenka had appealed the NCLT's decision to allow IndusInd Bank to file for insolvency proceedings against Zee

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BS Web Team New Delhi
The National Company Law Appellate Tribunal (NCLAT) has scheduled Zee Entertainment's managing director and chief executive officer (CEO) Punit Goenka's appeal for hearing on February 24, a report by Mint said. 

Goenka had appealed the NCLT's decision to allow IndusInd Bank to file for insolvency proceedings against Zee. In a statement on Thursday, Goenka's office said that he was taking all necessary steps to protect the interests of Zee stakeholders and achieve timely completion of the proposed merger with Culver Max Entertainment (formerly Sony Pictures Networks India).

"Zee is a debt-free and financially strong company, and believes in value creation

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First Published: Feb 24 2023 | 10:34 AM IST

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