Legal

NCLT admits Viacom18-Disney Star merger scheme

SportzPower Team
May 17, 2024 11:05

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.

Feb 13, 2020 17:02
Fixing accused Chawla extradited from UK
NEW DELHI: Nearly 20 years after world cricket's first major match-fixing scandal roiled the "gentleman's game", Sanjeev Chawla, a bookie and key accused, has been extradited and brought to India.  This marks the first high-profile extradition of its kind under the India-UK Extradition Treaty, signed in 1992. Chawla is wanted in India to face charges of match-fixing during South Africa’s tour in 2000.
Feb 11, 2020 19:02
CBS Sports in betting partnership William Hill Sports Book
LAS VEGAS: CBS Sports and William Hill, America's leading sports book operator, today announced a strategic partnership that makes William Hill the Official Sports Book and Wagering Data Provider across all CBS Sports platforms. The deal will reimagine fan engagement through a unique integration of sports betting, media, product and technology.
Feb 11, 2020 18:02
Volleyball symbol
3 PVL teams initiate legal action against VFI
NEW DELHI: Acting against what they claim is the unilateral termination of the Pro Volleyball League, three of the six franchises in the PVL have sent a legal notice to the Volleyball Federation of India. 
Feb 07, 2020 19:02
F1 logo
F1 set for rule tweaks to shut down 2021 revamp loopholes
LONDON: It’s the dawn of a new era for Formula 1 in 2021, with a complete overhaul of the championship’s sporting, technical and financial regulations on the way.  As part of this revamp, F1 motorsport boss Ross Brawn says there will also be tweaks to the way the sport is governed to allow the FIA and F1 to make changes to the rules more quickly if a team has found a loophole.
Feb 04, 2020 17:02
Dorna, LaLiga unite in fight against audio-visual piracy
MADRID: LaLiga and MotoGP commercial rights holder Dorna Sports have come to an agreement which will see LaLiga’s Technological Content Protection department lend its services to the protection of the audio-visual rights of the championships managed by Dorna Sports.  This includes the Italian-based Dorna WSBK Organization, which runs WorldSBK.
Feb 04, 2020 15:02
5G will be a boon for in-play betting at sports events: Study
LONDON: Paysafe, a leading specialised payments platform, has unveiled international research into the impact of 5G on mobile sports betting in the US, UK and Germany.
Feb 03, 2020 17:02
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Competition shoes for elite athletes: World Athletics modifies rules
MONACO: World Athletics has amended its rules governing competition shoes to provide greater clarity to athletes and shoe manufacturers around the world and to protect the integrity of the sport.
Feb 01, 2020 18:02
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Bankruptcy Court: USA Gymnastics offers $215m to Nassar victims
NEW YORK: USA Gymnastics has offered Larry Nassar's victims a $215 million settlement as part of a plan for the organization to ward off bankruptcy. USA Gymnastics filed a plan of reorganization with the US Bankruptcy Court for the Southern District of Indiana Thursday that will enable it to emerge from bankruptcy.
Jan 29, 2020 12:01
Discovery Communications
Discovery wins favourable interim HC ruling against Lex on DSport
NEW DELHI: The Hon’ble High Court of Delhi granted an interim injunction in favour of Discovery Communications LLC, Discovery Networks Asia Pacific and Discovery Communications India by completely restraining Lex Sportel Vision Pvt.
Jan 29, 2020 11:01
PSG teams up with cryptocurrency exchange platform CoinCasso
PARIS: Runaway Lique 1 leaders Paris Saint-Germain and cryptocurrency exchange platform CoinCasso have joined forces in a multi-year international partnership, with the virtual currency giant becoming an official partner of the Parisian club in all markets outside of France.
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