Legal

NCLT admits Viacom18-Disney Star merger scheme

Last updated : May 20, 2024 13:05

SportzPower Team

May 17, 2024 11:05

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The merger scheme between Reliance Industries Limited’s (RIL) Viacom18, its wholly owned subsidiary Digital18 and The Walt Disney Company’s Star India has been admitted by the Mumbai bench of the National Company Law Tribunal (NCLT). In an order passed on May 7, Viacom18, as part of internal restructuring, has proposed to transfer the various businesses conducted by it into its wholly-owned subsidiary, namely Digital18. Viacom18 proposed to be the holding company for the various businesses.

Nov 21, 2022 17:11

5 I-League clubs under CBI scanner for alleged links to match-fixer

MUMBAI: India, long known as the epi-centre of cricket betting syndicates, has now been hit by a match-fixing scandal involving football.

Nov 11, 2022 18:11

SC agrees to hear objections to IOA draft constitution on Dec 7

NEW DELHI: The Supreme Court on Friday said it will hear on December 7 the objections and other issues pertaining to the draft constitution of the Indian Olympic Association, which was adopted at the IOA's Special General Body Meeting here.

Nov 07, 2022 19:11

IOA draft constitution: Nita Ambani lauds 'inclusive' amendments

MUMBAI: Nita Ambani, IOC member, has welcomed the newly amended draft constitution of the Indian Olympic Association (IOA), terming it as a landmark moment in India’s Olympic dream. The final draft of the IOA's amended constitution as prepared by retired judge Justice L Nageswara Rao, has laid down some key changes, which can then be formally adopted in its general body meeting on November 10.

Nov 03, 2022 17:11

Supreme Court rules IOA elections to be held on December 10

NEW DELHI: The Supreme Court on Thursday approved a fresh timeline submitted by Justice (retd) LN Rao committee for holding of elections of the executive committee of the Indian Olympic Association, and ruled that the IOA polls will be held on December 10.

Oct 10, 2022 19:10

IOC moots 'appointed CEO' in place of elected secy gen in IOA

NEW DELHI: The International Olympic Committee has proposed changes to the constitution of the suspended Indian Olympic Association that would bring the IOA in consonance with national sports bodies of sporting superpowers.

Oct 04, 2022 18:10

CCI approves Zee-Sony merger with 'certain modifications'

MUMBAI: The Competition Commission of India (CCI) on Tuesday approved the $10 billion merger of Zee Entertainment Enterprises with Sony Pictures Networks India, while imposing several conditions to prevent Zee-Sony from abusing the merged entity's dominant market position.

Oct 03, 2022 19:10

I&B Ministry issues fresh warning against online betting ads

NEW DELHI: Following up on an advisory issued in June, the Information & Broadcasting Ministry on Monday again issued advisories to digital publishers, OTT platforms and private satellite television channels, warning them to refrain from publishing advertisements of online betting platforms.

Oct 03, 2022 17:10

ED freezes Rs 21cr+ of OctaFX, DC principal sponsor for IPL 2022

NEW DELHI: The Enforcement Directorate (ED) has frozen Rs 21.14 crore of OctaFX India Private Limited and related entities which were held in various bank accounts after carrying out searches at their premises over allegations that the international brokers's activities were in contravention of the Foreign Exchange Management Act (FEMA).

Sep 29, 2022 17:09

New IOA constitution, polls in 'close coordination' with IOC

The International Olympic Committee has agreed to work with the Indian Olympic Association to ensure that the IOA Constitution is amended and elections, scheduled for December, are held in "accordance with the Olympic Charter". IOA representatives met with the IOC at its headquarters in Lausanne where both parties agreed to "address and resolve the governance issues affecting" the India's Olympic body.

Sep 23, 2022 08:09

SC names ex-judge Rao to amend IOA constitution, hold polls

NEW DELHI: The Supreme Court's well meaning interventions failed to make any material difference in Indian cricket and in India football. Will it be third time lucky as far as the Indian Olympic Association (IOA) is concerned? Do not bet on it.

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