Bombay HC temporarily bars Invesco from calling Zee EGM1 min read . Updated: 26 Oct 2021, 03:14 PM IST
- The ruling can be challenged in a higher court
- Invesco, unhappy with the way Zee is run, wants to remove Punit Goenka as its CEO, overhaul the board and get a new owner
The Bombay High Court on Tuesday temporarily restrained Zee Entertainment Enterprises Limited's biggest shareholder Invesco from calling an Emergency General Meeting (EGM) -- a crucial win for Zee and its founder Subhash Chandra. The ruling can be challenged in a higher court.
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