IDBI Trusteeship Services Limited (ITSL) has filed an appeal at the National Company Law Appellate Tribunal (NCLAT) against the National Company Law Tribunal (NCLT) giving an approval for the merger of Zee Entertainment Enterprises Limited (ZEEL) and Sony. The NCLT had given the go-ahead for the merger after rejecting IDBI Trusteeship Services Limited’s objection to the merger.

The appeal came up for hearing on December 1, but it was deferred as the case was transferred to another bench.

ZEEL had opposed this objection contending that "IDBI Trusteeship is admittedly not a creditor of Zee, and so it has no right to object to the merger. The NCLT dismissed the objection reasoning that "having failed
in ensuring recovery of their alleged dues from other entities of Zee
through other legal proceedings are opposing this scheme of Zee as a last resort for their recoveries.