SAT quashes SEBI interim order barring ZEE CEO Punit Goenka from holding directorial positions

The SAT found that continuing the interim order was harsh and unwarranted, especially given SEBI's "track record" of not completing investigations on time.
SAT mumbai
SAT mumbai

The Securities Appellate Tribunal (SAT) on Monday set aside an interim order of the Securities Exchange Board of India (SEBI) barring Chief Executive Officer (CEO) of Zee Entertainment Enterprises Limited (ZEEL) Punit Goenka from holding directorial positions in listed companies pending an investigation into a fund embezzlement case.

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