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Supreme Court to hear insolvency plea against Zee promoters, issues notices

NEW DELHI : The Supreme Court has issued notices to two promoter companies of Zee Entertainment Enterprises Ltd, agreeing to hear a plea filed by IDBI Trusteeship Services for insolvency proceedings. IDBI Trusteeship had challenged a recent order of the National Company Law Appellate Tribunal rejecting its plea to initiate insolvency proceedings against Cyquator Media…

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