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NCLT adjourns Zee Entertainment lenders' pleas against merger to Feb 2

The matter had come up in the NCLT court on Thursday, where IndusInd Bank, Axis Finance and IDBI Bank had sought permission to file applications to intervene in the proposed merger

Sony, Zee
premium

The Indian Performing Right Society (IPRS), an operational creditor of Zee, is also part of the proceedings, it is reliably learnt.

BS Reporter
The Mumbai bench of the National Company Law Tribunal (NCLT) has adjourned the matter of Zee Entertainment lenders looking to prevent a merger between Zee and Sony to February 2.

The matter had come up in the NCLT court on Thursday, where IndusInd Bank, Axis Finance and IDBI Bank had sought permission to file applications to intervene in the proposed merger, according to informed sources.

The Indian Performing Right Society (IPRS), an operational creditor of Zee, is also part of the proceedings, it is reliably learnt.

A mail sent to Zee Entertainment elicited no response till the