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.

Mar 27, 2018 18:03
Star at loggerheads with DTH operators Airtel, Dish over subscription fees
NEW DELHI: With the countdown on for Indian Premier League 2018, Star India has served notices to DTH operators Airtel Digital TV and Zee Group owned Dish TV over subscription fee hike, with the IPL host broadcaster threatening to disconnect its channels.
Mar 27, 2018 17:03
HC sets 8-week deadline, strict norms for DDCA polls
NEW DELHI: The Delhi High Court has ordered elections to the scam tainted Delhi and District Cricket Association (DDCA) be held within eight weeks, as per the recommendations of the the Supreme Court-approved Justice (retired) Rajendra Mal Lodha committee.
Mar 27, 2018 16:03
ED attaches properties of GCA scam accused
PANJIM: The Enforcement Directorate (ED) has attached properties worth over Rs 40 million belonging to four former office bearers of the Goa Cricket Association (GCA), including its past president Dayanand Narvekar. All four are accused of laundering funds that GCA had received from the Board of Control for Cricket in India during 2006-07 towards grants and TV rights. 
Mar 27, 2018 15:03
khelo india rathore
Khelo India School Games: 12 fail dope tests
NEW DELHI: The scourge of doping has hit the Khelo India School Games with 12 athletes, five of them Gold medalists, having tested positive for banned drugs at the flagship event of the government’s sports development programme. 
Mar 26, 2018 18:03
CA in a bind as advertisers turn up heat
MELBOURNE: The ball-tampering scandal that is unravelling following the Australian team’s actions durig the third Test match in South Africa could have major financial implications for Cricket Australia as its sponsors and partners demanded answers, amid fears of the fallout on their brands. 
Mar 26, 2018 16:03
vivo ipl
Pressure mounts on RR, Sunrisers Hyderabad to ensure Smith, Warner do not play IPL
MUMBAI: Indian Premier League franchise Rajasthan Royals must be feeling jinxed. They certainly could have done without the headache of another scandal just as they were readying to make their return to the IPL after two years out suspended. 
Mar 23, 2018 15:03
Shami cleared of fixing charges, secures BCCI central contract
MUMBAI: The BCCI announced Thursday that Mohammed Shami had been cleared by its anti-corruption unit of match fixing charges brought against the embattled pacer by his  estranged wife, following which the board would "proceed with offering a Grade ‘B’ annual retainership contract".
Mar 19, 2018 16:03
Shami to get central contract if ACU clears him
NEW DELHI: Mohammed Shami, in all likelihood, will find himself back in the list of centrally contracted players if the report filed by the BCCI’s Anti-Corruption Unit (ACU) head Neeraj Kumar absolves him from any wrongdoing as per the board’s code of ethics.  Once the report comes out, the onus will be on Delhi Daredevils to decide on Shami’s participation in the Indian Premier League.  
Mar 19, 2018 14:03
Dravid files police case in Ponzi scheme cheating
BENGALURU: Former Indian cricket team captain Rahul Dravid has lodged a police complaint against a Bengaluru-based firm for allegedly cheating him of Rs 40 million.  "Dravid had lodged a complaint with us two days back against Vikram Investment Company for cheating him of Rs 4 crore (Rs 40 million)," Sadashivanagar police inspector Naveen told PTI here.
Mar 16, 2018 16:03
cricket
CoA renders BCCI top brass toothless
NEW DELHI: The Committee of Administrators (CoA), in a 12-point directive issued on Thursday, has effectively rendered BCCI top office-bearers — acting president CK Khanna, acting secretary Amitabh Choudhary and treasurer Anirudh Chaudhry — "executives without portfolio".
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