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  1. economictimes.indiatimes.com › industry › mediaViacom18 Star India merger: NCLT sets the ball rolling on ...

    May 17, 2024 · The merger scheme has two stages: the transfer of Viacom18's TV and streaming assets to Digital18 and the demerger and vesting of these assets from Digital18 to Star India. As consideration for the scheme, Viacom18 will transfer streaming platform JioCinema to Digital18, which will pay the company a consideration of Rs 24,186 crore through an allotment of 24.18 billion fully paid-up shares of Rs 10 each.

  2. www.scconline.com › blog › postNCLT approves Viacom18, Digital18 and Star India’s merger

    May 23, 2024 · The NCLT admitted the merger scheme involving Reliance Industries’ Viacom18, its subsidiary Digital18, and Walt Disney’s Star India. The NCLT directed the convening of meetings for secured creditors of Viacom18 and unsecured creditors of Viacom18 and Star India on 12-06-2024. The NCLT appointed Justice (Retd.)

  3. www.msn.com › en-in › autosViacom18, Digital18, Star India Merger Takes Off with ... - MSN

    The report added that the merger involves two stages: first, the transfer of Viacom18’s TV and streaming assets to Digital18, followed by the demerger and transfer of these assets from Digital18 ...

  4. bwlegalworld.com › article › viacom18-digital18-andViacom18, Digital18 And Star India's Merger Receives NCLT ...

    6 days ago · The National Company Law Tribunal Mumbai recently approved the merger of Viacom18,  Digital18 and Star India.The companies (Viacom18, Digital18 and Star India) had proposed a Composite Scheme of Arrangement for Merger under Sections 230 and 232 of Companies Act 2013. Divison Bench comprising Anu Jagmohan Singh (Technical Member) and Justice Kishore Vemulapalli (Judicial Member) gave their approval to the scheme of the merger.The Scheme includes: (1) transfer of Media Operations from ...

  5. www.livelaw.in › ibc-cases › nclt-mumbai-approvalNCLT Grants Approval For Viacom18 And Star India Merger Scheme

    May 21, 2024 · The merger scheme entails a multi-stage process. Firstly, Viacom18's TV and streaming assets will be transferred to Digital18, its wholly-owned subsidiary. Subsequently, these assets will be ...

  6. www.storyboard18.com › quantum-brief › viacom18-starViacom18 - Star India deal: NCLT admits merger scheme

    May 17, 2024 · 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 ...

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