SAT reserves order in appeal by Punit Goenka, Subhash Chandra against SEBI interim order divesting them of their posts in Zee

Goenka and Chandra challenged a SEBI interim order barring them from holding directorial or key managerial positions (KMPs) in any listed company or its subsidiaries.
Subhash Chandra, Punit Goenka, Securities Appellate Tribunal
Subhash Chandra, Punit Goenka, Securities Appellate Tribunal

The Securities Appellate Tribunal (SAT) has reserved for orders 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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