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IDBI Bank moves NCLT with fresh insolvency plea against Zee Entertainment


IDBI Bank moves NCLT with fresh insolvency plea against Zee Entertainment

IDBI Bank has initiated a new insolvency plea against ZEE at the National Company Law Tribunal. The bank claims a default of Rupees 225.22 crore. ZEE has dismissed the application as malicious and meritless. ZEE also said that it will take legal action against the bank. Earlier, NCLT had dismissed a similar plea by IDBI Bank in 2023.

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