Zee and Sony Pictures reach merger settlement; agree to withdraw claims before SIAC, NCLT

The companies have mutually agreed to withdraw all respective claims against each other in the ongoing arbitration at SIAC , and all related legal proceedings initiated in NCLT.

Sony Pictures Networks and Zee Entertainment

Published on:

27 Aug 2024, 10:59 am

2 min read

ZEE Entertainment Enterprises and Culver Max Entertainment (CMEPL), operating as Sony Pictures Networks India (SPNI), together with its group company Bangla Entertainment (BEPL), have arrived at a settlement as regards the merger between the entities.

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National Company Law Tribunal

Zee Entertainment

Singapore International Arbitration Centre

Sony Pictures Networks India

Zee-Sony Pictures merger