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Legal

Zee founder's repayment plan hits snag at NCLT over lack of majority view

BearishLegal

A repayment plan proposed by Zee Group founder Subhash Chandra is facing renewed uncertainty after the National Company Law Tribunal (NCLT) bench hearing the matter held that no majority view had been reached. The lack of a conclusive decision sends the proposal for another round of scrutiny. The case pertains to financial obligations of the media group's founder.

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