Mumbai: The National Company Law Appellate Tribunal (NCLAT) on Thursday agreed to hear the plea by IDBI Bank on 31 August, seeking insolvency proceedings against Zee Entertainment to recover dues of ₹149.6 crore.
On 20 July, IDBI Bank moved the National Company Law Appellate Tribunal (NCLAT), challenging an National Company Law Tribunal’s order of 19 May, that rejected IDBI’s plea to initiate insolvency proceedingsagainst Zee Entertainment Enterprises.
Source: https://www.livemint.com/companies/news/nclat-to-hear-idbi-plea-in-zee-case/amp-11692290646997.html