Zee Entertainment, Punit Goenka approach SAT against SEBI order barring them from securities market

SEBI had found that a land parcel in Hyderabad was secretly used by ZEEL to secure loans for promoter-linked entities without board approval or proper disclosure.
SEBI and Securities Appellate Tribunal
SEBI and Securities Appellate Tribunal
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Zee Entertainment Enterprises Ltd (ZEEL) and its chief executive officer (CEO) Punit Goenka have moved the Securities Appellate Tribunal (SAT) against an order of Securities and Exchange Board of India (SEBI) which barred them from accessing the securities market in connection with an improper disclosure case. [ZEEL, Punit Goenka v. SEBI]

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