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Has The Zee Entertainment Board Done Right By Public Shareholders?
Should Goenka have informed the Zee board? Is Invesco just a disgruntled shareholder? What about public shareholders?
19 Oct 2021, 02:14 AM IST
Shareholders have rights under company law, not fiduciary duties. That burden falls on a company's management and board of directors. In this case that's Punit Goenka, chief executive officer and managing director and the board of Zee Entertainment Enterprises Ltd., said legal experts in a discussion on BloombergQuint.The Zee Entertainment board has questioned the role of the company's largest shareholder, Invesco Developing Markets ...
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