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SAT reserves interim relief order in Zee, Punit Goenka-SEBI case
The Securities Appellate Tribunal reserved its order on interim relief for Zee Entertainment and Punit Goenka. They are challenging a Securities and Exchange Board of India order which they deem punitive. Lawyers argued the order should not take effect until future resolutions are completed. These resolutions are for the company's overall benefit and future operations. Parties must file their replies and submissions within the next six weeks.
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newsbytesapp.com
Zee, Punit Goenka challenge SEBI's market ban
Zee Entertainment and Punit Goenka have approached the Securities Appellate Tribunal (SAT) seeking interim relief against SEBI's market-access restriction order.
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thehindubusinessline.com
Zee moves SAT against SEBI market ban, seeks relief to proceed with ₹3,143.5 crore fund raise
Zee Entertainment Enterprises and managing director and CEO Punit Goenka have appealed to the Securities Appellate Tribunal (SAT) against a Securities and Exchange Board of India…
