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IDBI Bank moves NCLT against Zee

Published on: Sept. 10, 2025, 10:36 p.m. | Source: The Financial Express

IDBI Bank has filed a fresh insolvency plea against Zee Entertainment over a Rs 225 crore default linked to Siti Networks. Zee has denied the claim, calling it malicious, and said no financial impact is expected. The case marks IDBI’s second failed attempt after earlier dismissals by NCLT and NCLAT.

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