The Securities Appellate Tribunal (SAT) on Friday adjourned the hearing of Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka’s plea challenging the Securities and Exchange Board of India’s (Sebi) order to September 14. Goenka is challenging the capital market regulator’s confirmatory order of August 14 barring him and his father, Subhash Chandra, Chairman …
Zee Entertainment Enterprises Limited (ZEEL) MD and CEO Punit Goenka has moved the Securities Appellate Tribunal (SAT) against the Securities Exchange Board of India’s (SEBI) confirmatory order barring him and his father Subhash Chandra Goenka, the entertainment company’s Chairman Emeritus, from holding any directorship or managerial position in any listed company or their subsidiaries. The …
Mumbai: The Securities Appellate Tribunal has instructed Sebi, the market regulator, to designate a new whole-time member or a higher-grade officer to assess the objections raised by Zee promoters Punit Goenka and Subhash Chandra Goenka against an interim order targeted at them. The newly appointed whole-time member (WTM) would be responsible for scheduling a hearing …