Subhash Chandra not cooperating in Zee fund diversion probe: Sebi tells tribunal

Subhash Chandra not cooperating in Zee fund diversion probe: Sebi tells tribunal

Mumbai: Subhash Chandra, chairman emeritus of Zee Entertainment Enterprises Ltd, is not cooperating in an investigation into alleged diversion of funds from the media company, the Securities and Exchange Board of India (Sebi) has informed the Securities Appellate Tribunal (SAT) hearing the matter. Chandra’s legal counsel has, however, contested these allegations. Representing Sebi, senior counsel …

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