invesco: Zee vs Invesco: NCLT decision awaited. We have to see if Invesco approaches SC

It additionally must be seen how Invesco will pursue this additional on the finish of the day as a result of they’ve initiated it in NCLT and the jurisdiction of NCLT is totally completely different. And whether or not Invesco may also problem this on the Supreme Courtroom is one thing that one must see, says
Shriram Subramanian, MD,
InGovern.

On the excessive courtroom rejecting Invesco’s declare for calling an AGM
Sure, the excessive courtroom appears to have granted an injunction. One must see what the ultimate order shall be later within the day. This appears to be constructive so far as Zee is anxious. It additionally must be seen how Invesco will pursue this additional on the finish of the day as a result of they’ve initiated it in NCLT and the jurisdiction of NCLT is totally completely different. And whether or not Invesco may also problem this on the Supreme Courtroom is one thing that one must see.

If that is challenged in any respect, it will clearly should go to the Supreme Courtroom?
Sure, I might assume so, most likely on the Bombay Excessive Courtroom division bench after which subsequently to the Supreme Courtroom. It isn’t clear as of now as a result of there’s additionally the jurisdiction of NCLT after which this one however as of now, the Bombay Excessive Courtroom determination appears to be in favour of Zee.