Files another writ petition in the High Court seeking approval for the sale
T.V. Today Network announced that the Committee of Senior officials, noted that an application had been filed by the Company on 16 February 2015 with Ministry of information and Broadcasting (MIB), Government of India for seeking its approval to sell the FM Radio Business (Seven Radio Stations) to Entertainment Network (India).The Committee further noted that in relation to the proposed sale of seven radio stations to Entertainment Network (India), since time is of essence & with MIB refusing to give its consent on the aforesaid subject vide their letter dated 01 May 2015, hence in order to expedite the matter, another urgent writ petition in the High Court was filed which was listed for hearing, to seek necessary relief.
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