SAT asks SEBI to file response to Subhash Chandra and Punit Goenka appeal within 48 hours

A bench consisting of Justice Tarun Agarwala and presiding officer Meera Swarup asked the SEBI to file its response within 48 hours and posted the case for final hearing on June 19.
Subhash Chandra, Punit Goenka, Securities Appellate Tribunal
Subhash Chandra, Punit Goenka, Securities Appellate Tribunal

The Securities Appellate Tribunal (SAT) on Thursday sought the response of the Securities and Exchange Board of India (SEBI) to the appeal filed by Essel Group chairman, Subhash Chandra and Chief Executive Officer (CEO) of Zee Entertainment Enterprises Limited (ZEEL), Punit Goenka against an order barring them from holding directorial or key managerial posts in listed companies.

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