The Bombay High Court on Tuesday temporarily restrained Zee Entertainment Enterprises Limited's biggest shareholder Invesco from calling an Emergency General Meeting -- a crucial win for Zee and its founder Subhash Chandra. On Friday, senior counsel Gopal Subramanium, who appeared for ZEEL, informed the court that the company's board of directors could not grant permission for something that could turn …
Prolonged battle ahead as ZEE Entertainment takes Invesco to court Lawyers said how the high court treats Zee's civil suit for dismissal of Invesco's demand for an EGM would set tone for how legal battle would unfold in coming days Premium Lawyers point out that Zee approaching the Bombay HC should be seen as a move to create a parallel …