Zee vs Invesco: HC asks Zee to call EGM, assures on allowing time to contest outcome

The Bombay High Court on Thursday asked the board of Zee Entertainment Enterprises (ZEE) to consider the requisition notice of its largest shareholder Invesco to convene an extraordinary general meeting (EGM). The single judge bench of Justice GS Patel observed that if the company convenes the EGM and the resolution is passed, it can be kept in abeyance for a week till coming into effect, giving time to the company to approach courts.

via Economictimes

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