IDBI Bank moves NCLT against Zee
Zee Entertainment (Zee) on Wednesday said IDBI Bank had filed a fresh application before the Mumbai bench of the National Company Law Tribunal (NCLT) to initiate insolvency proceedings against the company over a default of over Rs 225 crore.
Zee has denied the claims, and said it may take legal action against the bank for malicious prosecution, defamation and damages.
