However, it said that Zee Entertainment Enterprise Ltd (ZEEL) may file a response to both petitions, if needed.
Both have challenged the August 10, 2023, order of the Mumbai bench of the National Company Law Tribunal (NCLT) to approve the merger.
Earlier, the NCLT on August 10, 2023, approved the proposed merger, which would create the largest media entity in the country.
While approving the merger, the NCLT in its order, dismissed some applications moved by financial institutions opposing the move, including IDBI Trusteeship, IDBI Bank, Axis Finance, JC Flowers Asset Reconstruction Co and Imax Corp.
This was challenged by IDBI and Axis Finance before the NCLAT.

























