Bombay HC stays Invesco's demand to call EGM, Big relief to ZEEL
In a major setback to the China-backed company amid the ZEEL-Invesco matter, the Bombay High Court on Tuesday stayed the convening of the Extraordinary General Meeting (EGM) of shareholders. Actually, ZEEL had filed a petition against calling this meeting, on which this decision has been out.
Oct 26, 2021, 16:18 PM IST
ZEEL-Invesco case: Bombay High Court bars Invesco from calling EGM
Invesco had called for the EGM to push for the ouster of directors Ashok Kurien and Manish Chokhani, apart from MD and CEO Punit Goenka. However, Kurien and Chokhani have already resigned from their posts, thereby, making the resolution moved by Invesco "infructuous".
Oct 26, 2021, 15:06 PM IST
Media report of invesco's victory is false.
Media report telling Invesco's victory is false, Bombay High Court advised ZEEL to call the EGM.
Oct 22, 2021, 10:36 AM IST
Desh Ka Zee: Dispute with Invesco is sad, says Punit Goenka
Zee Entertainment Enterprises Limited’s (ZEEL) MD & CEO Punit Goenka finally opened up on the ongoing issue with its investor Invesco. In a statement on Thursday, he said that he isn’t worried about his position but about the future of the media company. He said that the purpose of the current tussle with Invesco is to make the company even stronger. “We have to try that the future of the company is not affected,” he added to his statement.
Oct 14, 2021, 16:30 PM IST
I too have a lot of points to contradict Invesco’s stance: ZEEL’s MD & CEO Punit Goenka
Zee Entertainment Enterprises Limited’s (ZEEL) MD & CEO Punit Goenka finally opened up on Thursday on the ongoing ZEEL-Invesco case.
Oct 14, 2021, 15:52 PM IST
ZEEL-Invesco case: Reliance statement confirms merger proposal with Zee, continuation of Punit Goenka as MD & CEO
The ZEE-Invesco row has taken a new twist after Reliance issued a statement saying it had made a proposal for merger of its media properties with Zee Entertainment Enterprises Ltd (ZEEL).
Oct 13, 2021, 22:10 PM IST
Punit Goenka exposes Invesco’s fraud in ZEEL board meeting
In his letter, he clarified that Invesco representatives had approached him about a combination with a strategic group.
Oct 12, 2021, 23:14 PM IST
Desh Ka Zee: Sant Samaj draws PM Modi's attention to ZEEL- Invesco row
The religious body has appealed to the government, the concerned regulatory institutions such as NCLT and NCLAT, Invesco, the media company behind this indirect bid, Subhash Chandra's family, and the Zee shareholders to sit down and find an amicable solution to this issue.
Oct 12, 2021, 19:06 PM IST
Sadhu Samaj flays Invesco's takeover bid of ZEEL, hails Dr Subhash Chandra's service to religion, nation
The religious body has appealed to the government, the concerned regulatory institutions such as NCLT and NCLAT, Invesco, the media company behind this indirect bid, Subhash Chandra's family, and the Zee shareholders to sit down and find an amicable solution to this issue.
Oct 11, 2021, 18:38 PM IST
ZEEL gets time till October 22 to respond to Invesco’s plea
The National Company Law Tribunal (NCLT) has asked ZEEL to respond to Invesco's plea by October 22.
Oct 08, 2021, 16:08 PM IST
#DeshKaZee: Hema Malini supports ZEEL, joins B-Town celebs in backing 'Indian management' for channel
After filmmakers including 'Showman' Subhash Ghai, Rakesh Roshan, Boney Kapoor, Ashoke Pandit, Madhur Bhandarkar, Satish Kaushik among others, noted actress Hema Malini has tweeted on the matter.
Oct 08, 2021, 14:42 PM IST
Big jolt to Invesco! NCLAT directs NCLT to give reasonable time to ZEEL to respond
A ZEEL spokesperson said that the company continues to have full faith in the Indian judicial system and will take all the necessary steps that are in the best interests of all its shareholders.
Oct 07, 2021, 21:32 PM IST
Invesco's 'clandestine' bid to take over ZEEL: All about this independent investment management firm
Bringing the matter to the public domain for the first time, ZEEL founder Dr Subhash Chandra appeared on Zee News Editor-In-Chief Sudhir Chaudhary’s prime time show DNA and posed some very tough questions to Invesco and accused it of trying to take over the ZEE group in a clandestine manner.
Oct 07, 2021, 10:59 AM IST
I bought East India Company but UK’s Takeover Panel didn’t allow sale: Subhash Chandra
Zee Group Chairman Dr Subhash Chandra had bought East India Company 25 years ago in 1995.
Oct 06, 2021, 23:26 PM IST
Don’t want any fracas with Invesco, ZEEL is not mine but of 2.5 lakh shareholders: Subhash Chandra
Zee Group founder Dr Subhash Chandra said that Zee Entertainment Enterprises’ shareholder Invesco should resolve the matter peacefully.
Oct 06, 2021, 21:57 PM IST
DNA Exclusive: Invesco is trying to take over ZEEL in clandestine manner, says Subhash Chandra
Giving a piece of advice to Invesco, Dr Chandra said, “They should behave like a shareholder, not like its owner.’’ He added that “a mammoth organization like ZEEL cannot be run by Invesco. It is the duty of the board members to expose illegal acquisition.”
Oct 06, 2021, 21:56 PM IST
ZEEL-SONY Merger: Why is Invesco against the interests of investors, who is plotting behind the back?
Dr. Subhash Chandra on Tuesday broke his silence on media reports that cast aspersions on the proposed ZEEL-SONY mega-merger and challenged Invesco to come out with the truth and credentials of the six members whom it wants on the board.
Oct 06, 2021, 18:12 PM IST
#DeshKaZee: Bollywood celebs extend support to Puneet Goenka over ZEEL-Sony merger, bash China for poaching investors
Dr Subhash Chandra’s facts-laden statement leaves no room for any confusion and highlights the dubious intention of the media publishers, who have been levelling false and baseless comments on ZEEL.
Oct 06, 2021, 18:04 PM IST
ZEEL-SONY Merger: Is Invesco playing in the hands of China?
Dr. Subhash Chandra on Tuesday broke his silence on media reports that cast aspersions on the proposed ZEEL-SONY mega-merger and challenged Invesco to come out with the truth and credentials of the six members whom it wants on the board. In a video message issued, Dr Subhash Chandra, the founder of Zee TV and Zee Media, also highlighted how the proposed merger plan was in the best interest of all shareholders and dared Invesco to reveal their plan if they had any.
Oct 06, 2021, 11:52 AM IST
Industry is happy with the merger of ZEEL and SONY Pictures India : Dr. Subhash Chandra
ZEEL's founder Dr. Subhash Chandra has said that the industry is happy with the merger of ZEEL, SONY Pictures India and the merger has increased the confidence of the shareholders.
Oct 06, 2021, 11:40 AM IST
