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 20, 2018 14:02
Zimbabwe Cricket needs loan from ICC for Pakistan tour
HARARE: Zimbabwe Cricket Union has approached the International Cricket Council for a loan to bail the board out of a financial crisis, which has also put the Pakistan team's tour to that country in serious doubt. PCB chairman Najam Sethi told the Dawn newspaper that the tour was still on as Zimbabwe Cricket Union had approached the ICC for a loan.
Feb 19, 2018 12:02
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BCCI requests state associations to respond on Lodha reforms for affidavit
MUMBAI: While 13 state associations have written to the BCCI regarding implementation of the Lodha Committee reforms, the board has requested the remaining associations to write in their views so that an affidavit on the issue can be filed in the Spreme Court, a report in newspaper The Hindu said.
Feb 19, 2018 12:02
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Mohun Bagan demands to AIFF on dues, refereeing, 2018-19 season
KOLKATA: Alleging "sub-standard" refereeing in the ongoing I-League, Mohun Bagan have asked the All India Football Federation (AIFF) to release the subsidy for hosting the current I-League's home matches, pay their dues from previous seasons, and share future plans.
Feb 16, 2018 13:02
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BCCI warns players from participating in Sudama Premier League
MUMBAI: The Board for Control of Cricket in India (BCCI) has said the recently-launched Sudama Premier League is an unsanctioned one and warned its affiliated units from allowing their players to participate in it.
Feb 15, 2018 15:02
AIGF, Betradar to jointly explore opportunities in India
MUMBAI: At this year’s ICE Total Gaming, the All India Gaming Federation (AIGF) and Betradar formalised their relationship, committing to "understand, explore opportunities and network across India around sports betting and gaming".
Feb 14, 2018 12:02
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DRC panel for PCB compensation being formed; BCCI nominates representative
MUMBAI: The formation of a disputes resolution committee (DRC) to resolve the issue of the Pakistan Cricket Board (PCB) seeking $70 million as compensation from the Board of Control for Cricket in India (BCCI) has begun. Annabel Pennefather, an independent lawyer in the ICC DRC, has been nominated by BCCI as its representative, according to a report in The Hindu. 
Feb 13, 2018 12:02
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Grace Sports banned from using IPL-related IPRs
MUMBAI: In what should have been expected, the Bombay High Court has banned sports firm Grace India Sports Pvt Ltd (GISPL) from using any IPL-related terminology for a league the firm was intending to start. A report in Mumbai Mirror said that the court has barred GISPL from infringing on BCCI’s trademark “IPL”.
Feb 12, 2018 17:02
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ICC computes Rs1.25bn as tax dues pending from T20 World Cup 2016
MUMBAI: The International Cricket Council (ICC), on the basis of projected income, hopes to get a tax exemption of around $100 million for the ICC Champions Trophy in 2021 and the ICC Cricket World Cup in 2023 from the Indian government. It is the prerogative of the BCCI to get the waiver from the government.
Feb 12, 2018 17:02
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Law panel completes report to bring BCCI under RTI
NEW DELHI: The Law Commission is reportedly ready with its recommendations that, if implemented, will make the BCCI a 'public body' or, alternatively, a private body that is required to respond to public queries under the Right to Information Act. The Board of Control for Cricket in India (BCCI), the world's richest cricket body, operates as a private entity under the Tamil Nadu Societies Registration Act.
Feb 12, 2018 16:02
Rajya Sabha MP new Judo Federation of India president
NEW DELHI: Politicians continue to hold sway over sporting bodies in India. Rajya Sabha MP Partap Singh Bajwa has been unanimously elected president of the Judo Federation of India at JFI's general body meeting held here at the weekend.   Bajwa is the president of the Punjab Judo Association. 
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