Zee Entertainment Case: SAT Refuses To Grant Stay on SEBI Order Against Punit Goenka and Subhash Chandra
SAT has asked Goenka and Chandra to file reply to SEBI within two weeks.
Source: freepressjournal.in
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Zee Entertainment share price slumps 6% after SAT denies to stay SEBI order against Punit Goenka, Subash Chandra
Zee Entertainment share price dropped over 6% as the Securities and Appellate Tribunal (SAT) denied a stay on an order against Punit Goenka and Subash Chandra.
Source: livemint.com
zeel share price: ZEEL shares plunge over 5% after SAT refuses relief to Subhash Chandra, Punit Goenka
On June 12, the capital market regulator had barred the Essel Group chairman and his son Punit Goenka from holding any directorship or key managerial positions in any listed company.
Source: indiatimes.com
SAT to give verdict on Zee promoters' plea against Sebi order today
The appellate tribunal had reserved the case for orders on June 27 after hearing both Goenka and SEBI at length.
Source: moneycontrol.com
sebi: SAT refuses interim relief to Subhash Chandra and Punit Goenka against Sebi's order
The Securities Appellate Tribunal (SAT) on Monday refused to grant any interim relief to Subhash Chandra and his son Punit Goenka against the capital markets regulator Securities & Exchange Board of India (Sebi) order. The bench presided over by judicial member Tarun Agarwala and technical member Meera Swarup gave two weeks time to petitioners Goenka and Chandra to approach Sebi with their reply and directed the regulator to give its order within a week after that
Source: indiatimes.com