Singapore court rejects Sony plea to stay Zee’s NCLT proceeding | India Business News

Singapore court rejects Sony plea to stay Zee’s NCLT proceeding | India Business News

MUMBAI: Singapore’s arbitration tribunal has rejected Sony’s plea against Zee that sought a stay on court proceedings in India after the Japanese media major called off a $10-billion merger. The Punit Goenka-led Zee has asked NCLT to direct Sony’s local arm to honour merger obligations.NCLT currently has two petitions before it: one by Zee and … Read more