According to a report from ET NOW, the securities appellate tribunal (SAT) has made modifications to its previous order concerning the Zee case. The SAT has instructed the Securities and Exchange Board of India (Sebi) to appoint another whole-time member (WTM) to handle the hearing for Punit Goenka and Subhash Chandra. Prior to this, Sebi …
ZEEL MD Punit Goenka sent a letter to the employees on Monday, providing an update on the merger between ZEE Entertainment and Sony. He reassured them that the merger is in its final stages and addressed the issues faced by the promoters with Sebi. In the letter, Goenka emphasized the importance of focusing on the …
The Securities Appellate Tribunal (SAT) has reserved its order in the applications filed by Subhash Chandra and his son Punit Goenka, who are challenging the interim order issued by the capital market regulator. This order restricts them from holding directorship or key managerial positions in listed entities. The bench, comprising of the judicial member Tarun …
The Securities Appellate Tribunal (SAT) has reserved its order regarding the applications filed by Subhash Chandra and his son Punit Goenka, challenging the interim order of the capital market regulator. This order prohibited them from holding any directorship or key managerial positions in listed entities. The hearing of the plea was deferred by SAT to …
The hearing on the plea by Essel Group chairman Subhash Chandra and ZEE managing director and CEO Punit Goenka was adjourned to Tuesday by the Securities Appellate Tribunal (SAT). The Securities & Exchange Board of India (Sebi) stated that its action against Chandra and Goenka was not driven by any bias but was necessary to …
The Securities Appellate Tribunal (SAT) has decided to postpone the hearing on the plea filed by Subhash Chandra, chairman of the Essel Group, and Punit Goenka, managing director and CEO of ZEE, against the interim order issued by the Securities and Exchange Board of India (SEBI), until June 27. Previously, on June 19, the SAT …
Sony Pictures Entertainment (SPE) is placing great importance on the Securities and Exchange Board of India’s (Sebi) interim order against Zee Entertainment Enterprises (ZEE) promoters and will continue to closely monitor any developments that may impact the deal. Speculative reports regarding the future of ZEE’s planned merger with Sony Pictures Networks India have surfaced following …
The Securities Appellate Tribunal (SAT) announced that the next hearing in the Zee merger case is scheduled for June 26, according to reports from ET Now. Last Friday, SAT denied interim relief to Essel Group chairman Subash Chandra and his son Punit Goenka after the market regulator prohibited them from holding positions as directors or …
The Securities Appellate Tribunal (SAT) has admitted an appeal filed by Subhash Chandra, the chairman of Essel Group, and Punit Goenka, the MD and CEO of Zee Entertainment Enterprises Ltd, challenging the interim order imposed by the Securities and Exchange Board of India (Sebi). This order barred them from holding director or key managerial positions …