TV Vision Receives Demand Notice for ₹4.90 Crore Under IBC
TV Vision Limited has received a demand notice dated December 22, 2025, from Swami Films Entertainment Pvt. Ltd., claiming to be an operational creditor. The notice, issued under Section 9 of the Inso...
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Why is TV Vision Limited in the news today?
TV Vision Limited (TVVISION) is in the news due to the company has received a demand notice under the insolvency and bankruptcy code, which indicates a potential financial dispute and legal challenge.
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TV Vision Receives Demand Notice for ₹4.90 Crore Under IBC
December 23, 2025, 04:44 AM
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TV Vision Limited has received a demand notice dated December 22, 2025, from Swami Films Entertainment Pvt. Ltd., claiming to be an operational creditor. The notice, issued under Section 9 of the Insolvency and Bankruptcy Code, 2016, alleges an outstanding amount of ₹4,90,18,219 (Four Crore Ninety Lakhs Eighteen Thousand Two Hundred and Nineteen only).
The company is currently reviewing the notice and plans to take appropriate legal steps. TV Vision Limited reserves its right to contest the claims and pursue necessary actions.
This disclosure is considered material due to its potential impact on the company's operations and financial standing. Further developments will be communicated to stakeholders.
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