Listed Company cannot remain headless: SAT stays SEBI order against Radhika Roy, Prannoy Roy

Listed Company cannot remain headless: SAT stays SEBI order against Radhika Roy, Prannoy Roy

The Securities Appellate Tribunal (SAT) has stayed the order passed by Securities and Exchange Board of India (SEBI), which had barred NDTV promoters Radhika Roy and Prannoy Roy from occupying the position of Director or any Key Managerial position in NDTV for a period of two years.

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