 "Punit Goenka")
Invesco Developing Markets Fund on Wednesday moved the National Company Law Tribunal (NCLT) against Zee Entertainment Enterprises and three of its directors, including Chief Executive Officer and Managing Director Punit Goenka, for not calling an extraordinary general meeting (EGM) of the company, as sought by the US fund.
The fund, which holds about 18 per cent stake in Zee Entertainment Enterprises (ZEEL), is seeking the reconstitution of the board by induction of its nominees.
Apart from Goenka, ZEEL Chairman R Gopalan and Independent Director Vivek Mehra have been made respondents to the petition. The matter is listed for hearing on Thursday.
When contacted,
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