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 …
Zee Entertainment Enterprises announced on Monday that it has established an interim committee to oversee operations following the inability of former chairman Subhash Chandra and CEO Punit Goenka to overturn the ban imposed by the market regulator on their positions on the board. According to a spokesperson for the company, “Since the order restricts Mr. …
The Securities Appellate Tribunal (SAT) is expected to announce its decision on Monday, July 10, regarding the petitions filed by Subhash Chandra, the Chairman of Essel Group, and Punit Goenka, the Managing Director and CEO of ZEE Entertainment Enterprises Ltd (ZEEL), challenging the interim order by the Securities and Exchange Board of India (Sebi), as …
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 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 …
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 …