The National Company Law Tribunal (NCLT), on Friday, rejected IDBI Bank’s insolvency plea against Zee Entertainment. The bank had applied for insolvency to recover dues of ₹149.60 crore.
Notably, IDBI Bank appelaed to the NCLT in December last year claiming an amount of ₹149.60 crore. The amount was under dispute between Zee Entertainment and IDBI Bank.
(This is a breaking story, stay tuned for more updates)
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