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Sadhu Samaj flays Invesco's takeover bid of ZEEL, hails Dr Subhash Chandra's service to religion, nation

Sadhu Samaj flays Invesco’s takeover bid of ZEEL, hails Dr Subhash Chandra’s service to faith, nation | Information

New Delhi: Amid stories of Invesco’s bid to take over Zee Leisure Enterprises Restricted (ZEEL), India’s Sadhu Samaj and a number of other spiritual and social organisations have come ahead to specific critical reservations on the problem.
The Sadhu Samaj clearly said that the management of the corporate ought to stay with founder Subhash Chandra and his household, who’ve taken care of the quite a few tv channels for over twenty years.
The spiritual physique has appealed to the federal government, the involved regulatory establishments reminiscent of NCLT and NCLAT, Invesco, the media firm behind this oblique bid, Subhash Chandra’s household, and the Zee shareholders to sit down down and discover an amicable resolution to this difficulty.
It additional added that the identical Zee administration, which has religion of crores of viewers, must be allowed to proceed as it will be within the curiosity of everybody.“If this doesn’t occur, all of us will enchantment within the court docket of the Almighty, and pray for the right judgment,” the group stated in a press release.
The group alleged that Invesco appears to be working in a non-transparent method and it’s unclear in whose fingers the administration will go if they’re profitable of their bid.
The Sadhu Samaj hailed Subhash Chandra’s many years of service to the nation by broadcasting high quality programmes and content material.
It recalled that it was Zee that broadcast “Jagran” programme that centered on spiritual content material. Solely after this, a number of different programmes and channels have been launched which assist impart spiritual content material.
“Within the final 29 years, the nation has witnessed how Zee has introduced the problems of nationwide and social curiosity to the viewers,” the spiritual physique stated.
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